Imperial Brands offers one of the highest dividend yields in FTSE 100 (~7%) with significantly improved capital allocation under CEO Stefan Bomhard's strategic refresh. Five priority markets (US, UK, Germany, Spain, Australia) deliver mid-single-digit aggregate revenue growth, and Next Generation Products (blu, Pulze, Zone) are scaling from a small base. Cash conversion supports both buybacks and deleveraging. Less ambitious NGP strategy versus BAT reduces execution risk.
Thesis reviewed May 29, 2026
Imperial Brands PLC is headquartered in United Kingdom, which is currently showing moderate signals.
🇬🇧United Kingdom52NEUTRALView United Kingdom risk detail →🛍Consumer22NEUTRAL| Ticker | Company | Score | Gap | Signal Δ | Action |
|---|---|---|---|---|---|
| DIS | The Walt Disney Company | 27 | +12% | ↑2% | EARLY |
| COST | Costco Wholesale Corporation | 27 | +9% | ↑2% | NEUTRAL |
| MAR | Marriott International Inc. | 27 | +9% | ↑2% | EARLY |
| ROST | Ross Stores Inc. | 27 | +8% | ↑2% | EARLY |
| HD | The Home Depot Inc. | 27 | +13% | ↑2% | EARLY |
| LULU | Lululemon Athletica Inc. | 27 | +6% | ↑2% | NEUTRAL |
| PM | Philip Morris International Inc. | 27 | +15% | ↑2% | EARLY |
Investors who hold IMBBY may also have indirect exposure through these country funds.
Imperial Brands announces accelerated GBP1.25bn share buyback
US e-vapor regulation tightens illicit market enforcement
Estimates · Yahoo Finance · Not audited figures