December dividend forecasts – Unilever, Diageo, British American Tobacco & Imperial Brands

2018/2019 Dividend forecast Unilever Diageo British American tobacco imperial brands

Following on from my December UK bank dividend forecasts yesterday, today I’m looking at key consumer staples stocks and the tobacco sector.

Let’s take a look at the latest dividend forecasts for Unilever, Diageo, British American Tobacco and Imperial Brands. All figures are sourced from Stockopedia.

Unilever

Analysts currently expect Unilever to pay the following dividends:

2017 – €1.42 per share
2018 – €1.55 per share

At the current share price of 4,130p, those payouts equate to yields of 3.0% and 3.3%.

In the last month, analysts have downgraded their 2017 dividend estimates by €0.001 and held their 2018 estimates flat.

Diageo

Analysts currently expect Diageo to pay the following dividends:

2018 – 66.5p per share
2019 – 70.7p per share

At the current share price of 2,494p, those payouts equate to yields of 2.7% and 2.8%.

In the last month, analysts have downgraded their 2018 and 2019 dividend estimates by 0.004p and 0.0049p respectively.

British American Tobacco

Analysts currently expect British American Tobacco to pay the following dividends:

2017 – 184.3p per share
2018 – 200.5p per share

At the current share price of 4,765p, those payouts equate to yields of 3.9% and 4.2%.

In the last month, analysts have upgraded their 2017 dividend estimate by 0.57p and downgraded their 2018 estimate by 0.12p.

Imperial Brands

Lastly, analysts currently expect Imperial Brands to pay the following dividends:

2018 – 188.1p per share
2019 – 206.3p per share

At the current share price of 3,058p, those payouts equate to yields of 6.2% and 6.7%.

In the last month, analysts have upgraded their 2017 dividend estimate by 2.86p and downgraded their 2018 estimate by 0.056p.

Which stock offers the best dividend value?

For me, the pick of the bunch amongst those four stocks at present is Imperial. I listed it here in my top dividend stock ideas for December. The company has increased its dividend by 10% for nine consecutive years now and the payout looks set for further growth in the medium term.

The high dividend yield on offer looks to be a fantastic opportunity for dividend investors, in my opinion.

Disclosure: Edward Sheldon, CFA owns shares in Imperial Brands and Diageo. 

This article is provided for general information only and is not intended to be investment advice. The value of an investment may fall. The investments referred to in this article may not be suitable for all investors, and if in doubt, an investor should seek advice from a qualified investment adviser.

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