According to financial media fool, British tobacco giant Imperial Brands still has a dividend yield of 8% despite cutting its dividend three years ago. However, there are widespread concerns that the company may face pressure to further cut its dividend.
The market environment for Imperial Tobacco has been difficult in recent years, and the company continues to face the challenge of declining public tobacco use.
Despite the company's efforts to optimize its financial position, including cutting its dividend, selling its high-end cigar business, and reducing its dividend growth rate, the company's net debt levels have grown to £10.3 billion, approximately 30% of the company's current market capitalization. 65%.