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IMI plc Updates Dividend Record Date and Confirms DRIP Election

Story Highlights
  • IMI plc corrects the record date for its final dividend and confirms DRIP election.
  • The final dividend is 21.1p per share, payable on 16 May 2025, showing an increase from last year.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
IMI plc Updates Dividend Record Date and Confirms DRIP Election

IMI plc ( (GB:IMI) ) has provided an update.

IMI plc announced a correction to the record date for its final dividend and confirmed the election date for its Dividend Reinvestment Plan (DRIP). The final dividend is set at 21.1p per share, an increase from the previous year, and will be paid on 16 May 2025 to shareholders registered by 4 April 2025. This announcement reflects the company’s commitment to returning value to shareholders and may influence investor sentiment positively.

More about IMI plc

IMI plc is a company operating in the engineering sector, focusing on providing fluid engineering solutions. It specializes in the design, manufacture, and service of engineered products that control the precise movement of fluids. The company serves a variety of industries, including energy, transportation, and industrial automation.

YTD Price Performance: 3.90%

Average Trading Volume: 601,455

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: £4.82B

See more insights into IMI stock on TipRanks’ Stock Analysis page.

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