Imperial Brands plc isn’t the only dirt-cheap dividend king I’d buy
After dropping nearly 20% in price over the past year, shares of Imperial Brands (LSE: IMB) are beginning to look intriguingly cheap to me at less than 12 times forward earnings while offering a 5.1% yield.
While many investors are rightly worried about the long-term negative effects of continued regulatory clampdowns on tobacco products, Imperial’s recent share price problems are almost entirely self-made as larger competitor British American Tobacco’s share price is up over 8% during the same period.
http://www.fool.co.uk/investing/2017/10 ... ng-id-buy/