IMI plc, a specialist engineering company, designs, manufactures, and services engineered products worldwide. The company operates through three divisions: IMI Precision Engineering, IMI Critical Engineering, and IMI Hydronic Engineering. The IMI Precision Engineering division develops motion and fluid control technologies for industrial automation, commercial vehicle, life sciences, energy, and rail applications. This division offers actuators, air preparation products, pressure switches, and fittings; pneumatic, hydraulic, electric, and vacuum motion solutions; solenoid valves, angle-seat valves, motorized valves, and systems for dust filters; miniature fluid control solutions; precise and accurate syringes, syringe pumps, and rotary valves; cab chassis, powertrain solutions, stainless steel valves and regulators, and emergency shutdown controls; and stainless steel valves and regulators, nuclear class valves, and emergency shutdown controls. It provides its products under the Norgren, Bimba, Buschjost, FAS, Herion, Kloehn, Adaptas, and Maxseal brands. The IMI Critical Engineering division offers specialized valves and actuators to the fossil power, oil and gas, petrochemical, nuclear, marine, and pharmaceutical markets under the IMI Bopp & Reuther, IMI CCI, IMI Fluid Kinetics, IMI NH, IMI Orton, IMI Remosa, IMI STI, IMI TH Jansen, IMI Thompson Valves, IMI Truflo Marine, IMI Truflo Rona, IMI PBM, and IMI Z&J brands. The IMI Hydronic Engineering division provides products for hydronic distribution systems, which deliver heating and cooling systems to the residential and commercial building sectors. This segment offers balancing and control solutions, thermostatic control systems, and pressure maintenance systems, dirt and air separators, and pressure step degassers under the IMI Pneumatex, IMI TA, IMI Flow Design, IMI Heimeier, and IMI Aero-Dynamiek brands. The company was founded in 1862 and is headquartered in Birmingham, the United Kingdom.
IMI Dividend Announcement
• IMI announced a semi annually dividend of £10.00 per ordinary share which will be made payable on 2024-09-16. Ex dividend date: 2024-08-08
• IMI annual dividend for 2024 was £29.20
• IMI annual dividend for 2023 was £26.50
• IMI's trailing twelve-month (TTM) dividend yield is 1.57%
• IMI's payout ratio for the trailing twelve months (TTM) is 29.10%
• IMI's dividend growth over the last five years (2018-2023) was -7.81% year
• IMI's dividend growth over the last ten years (2013-2023) was -2.32% year
IMI Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-08-08 | £10.00 | semi annually | 2024-09-16 |
| 2024-04-04 | £19.20 | semi annually | 2024-05-17 |
| 2023-08-10 | £9.10 | semi annually | 2023-09-15 |
| 2023-04-06 | £17.40 | semi annually | 2023-05-12 |
| 2022-08-11 | £8.30 | semi annually | 2022-09-16 |
| 2022-04-07 | £15.80 | semi annually | 2022-05-13 |
| 2021-08-12 | £7.90 | semi annually | 2021-09-17 |
| 2021-04-01 | £15.00 | semi annually | 2021-05-14 |
| 2020-08-06 | £33.70 | semi annually | 2020-09-11 |
| 2020-04-02 | £26.20 | semi annually | 2020-05-15 |
| 2019-08-08 | £14.90 | semi annually | 2019-09-13 |
| 2019-04-04 | £26.00 | semi annually | 2019-05-17 |
| 2018-08-09 | £14.60 | semi annually | 2018-09-14 |
| 2018-04-05 | £25.20 | semi annually | 2018-05-18 |
| 2017-08-10 | £14.20 | semi annually | 2017-09-15 |
| 2017-04-06 | £24.70 | semi annually | 2017-05-19 |
| 2016-08-11 | £14.00 | semi annually | 2016-09-16 |
| 2016-04-07 | £24.50 | semi annually | 2016-05-20 |
| 2015-08-13 | £13.90 | semi annually | 2015-09-18 |
| 2015-04-09 | £24.00 | semi annually | 2015-05-22 |
| 2014-08-13 | £13.60 | semi annually | 2014-09-19 |
| 2014-04-09 | £22.50 | semi annually | 2014-05-19 |
| 2013-09-04 | £12.80 | semi annually | 2013-10-11 |
| 2013-04-10 | £20.70 | semi annually | 2013-05-20 |
IMI Dividend per year
IMI Dividend growth
IMI Dividend Yield
IMI current trailing twelve-month (TTM) dividend yield is 1.57%. Interested in purchasing IMI stock? Use our calculator to estimate your expected dividend yield:
IMI Financial Ratios
P/E ratio19.16
PEG ratio19.16
P/B ratio4.44
ROE23.85%
Payout ratio29.10%
Current ratio1.36
Quick ratio0.82
Cash Ratio0.16
IMI Dividend FAQ
How much is the next IMI dividend?
IMI's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next IMI dividend. The next IMI dividend will be released in April, or August.
When is IMI dividend paid?
IMI pays dividends on a semi annually basis. The specific dates may vary each year but are generally around April, and August. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does IMI pay?
The specific amount of IMI dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find IMI's dividend history.
Does IMI stock pay dividends?
Yes, IMI does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find IMI's dividend history.
How much dividend does IMI pay?
IMI paid £29.2 in 2024, £26.5 in 2023, £24.1 in 2022, £22.9 in 2021, and £59.9 in 2020.
How often does IMI pay dividends?
IMI typically pays dividends on a semi annually basis. This means that dividends are usually distributed 2 times a year. The specific payout dates may vary each year but generally fall around April, and August.
What is IMI's dividend yield?
The current dividend yield for IMI is 1.57%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate IMI's exact dividend yield.
When does IMI go ex dividend?
IMI's ex-dividend date for the latest dividend was on 2024-08-08. IMI typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next IMI dividend paid?
IMI pays dividends on a semi annually basis, typically around April, or August, but the exact dates can vary each year.
Will IMI increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether IMI will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is IMI dividend per share?
IMI paid £29.2 per share in 2024 and £26.5 per share in 2023. The amount of dividend per share that IMI pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is IMI a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is IMI a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is IMI a dividend stock?
Yes, IMI is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is IMI a good dividend stock?
Whether IMI is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. IMI has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating IMI as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Other factors to consider when evaluating IMI as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Does IMI pay dividends monthly?
IMI typically pays dividends on a semi annually basis.
Does IMI pay dividends quarterly?
IMI currently pays dividends on a semi annually basis.
Has IMI ever paid a dividend?
Yes, IMI has a history of paying dividends to its shareholders. IMI is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy IMI dividend stocks?
To buy IMI you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.
Place an order: Use the brokerage's trading platform to place an order to buy IMI stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
Place an order: Use the brokerage's trading platform to place an order to buy IMI stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does IMI pay dividends 2024?
IMI pays dividends on a semi annually basis. 2024 dividend payments are in 2024-09-16. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will IMI increase its dividend in 2024?
Decisions regarding IMI dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date IMI dividend overview you can look into the above table of dividend history.
How IMI dividend works?
The IMI dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how IMI's dividend process works:
1. Determination of Dividend: IMI's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, IMI publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, IMI distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from IMI are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Determination of Dividend: IMI's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, IMI publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, IMI distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from IMI are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
How are IMI dividends paid?
IMI dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: IMI sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, IMI distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: IMI declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
1. Record Date: IMI sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, IMI distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: IMI declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
How many times does IMI pay dividends?
IMI typically pays dividends on a semi annually basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does IMI pay dividends?
The general pattern is that IMI pays dividends around April, and August. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is IMI dividend safe?
The safety of IMI's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.
To assess the safety of IMI's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review IMI's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.
To assess the safety of IMI's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review IMI's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.