Imperial Brands PLC (IMBBY) to Issue Dividend of $0.70 on January 8th

Imperial Brands PLC (OTCMKTS:IMBBY) announced a dividend on Wednesday, October 30th,NASDAQ Dividends reports. Investors of record on Friday, November 29th will be given a dividend of 0.6975 per share on Wednesday, January 8th. The ex-dividend date is Friday, November 29th. This is an increase from Imperial Brands’s previous dividend of $0.28.

Imperial Brands Stock Performance

Imperial Brands stock opened at $32.50 on Wednesday. The business has a 50-day moving average of $29.88 and a 200-day moving average of $27.81. Imperial Brands has a 1 year low of $21.30 and a 1 year high of $32.69.

Wall Street Analyst Weigh In

A number of brokerages recently issued reports on IMBBY. Morgan Stanley upgraded shares of Imperial Brands from an “equal weight” rating to an “overweight” rating in a report on Thursday, October 3rd. Barclays raised shares of Imperial Brands to a “strong-buy” rating in a report on Wednesday, October 9th.

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.