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15 July 2019
By Maynard Paton
Imagine this. You find a blue-chip company that offers:
- 21 years of consecutive dividend increases, with the last ten years showing 10% per annum growth;
- Management guidance of further 10% annual dividend growth “over the medium term”, and;
- A share price with a 10% dividend yield.
Too good to be true?
Well, that is the situation at Imperial Brands.