Imperial Brands (LON:IMB) Reaches New 12-Month High – Here’s What Happened

Imperial Brands PLC (LON:IMB) reached a new 52-week high during mid-day trading on Wednesday . The stock traded as high as GBX 2,390 ($31.11) and last traded at GBX 2,384 ($31.03), with a volume of 682478 shares. The stock had previously closed at GBX 2,359 ($30.71).

Imperial Brands Stock Performance

The company’s fifty day simple moving average is GBX 2,244.64 and its 200 day simple moving average is GBX 2,079.25. The stock has a market capitalization of £19.90 billion, a P/E ratio of 1,034.78, a P/E/G ratio of 16.51 and a beta of 0.42. The company has a current ratio of 0.64, a quick ratio of 0.41 and a debt-to-equity ratio of 217.64.

Imperial Brands Increases Dividend

The business also recently disclosed a dividend, which will be paid on Monday, March 31st. Investors of record on Thursday, February 20th will be given a GBX 54.26 ($0.71) dividend. This represents a dividend yield of 2.43%. This is a boost from Imperial Brands’s previous dividend of $22.45. The ex-dividend date is Thursday, February 20th. Imperial Brands’s dividend payout ratio is 6,652.17%.

Imperial Brands Company Profile

Imperial Brands PLC, together with its subsidiaries, manufactures, imports, markets, and sells tobacco and tobacco-related products in Europe, the Americas, Africa, Asia, and Australasia. It offers a range of cigarettes, tobacco accessories, vapour, heated tobacco, and oral nicotine. The company sells its products under various brands, including JPS, Davidoff, Gauloises, West, Winston, Kool, Lambert & Butler, Fortuna, Nobel, News, Backwoods, Champion, Golden Virginia, Rizla, Blu, Pulze, Skruf, and Zone X.