Imperial Brands (LON:IMB) Sets New 12-Month High on Insider Buying Activity

Imperial Brands PLC (LON:IMB) shares reached a new 52-week high on Tuesday following insider buying activity. The company traded as high as GBX 2,858 ($35.57) and last traded at GBX 2,857 ($35.56), with a volume of 1862498 shares trading hands. The stock had previously closed at GBX 2,828 ($35.20).

Specifically, insider Alan Johnson purchased 1,397 shares of the firm’s stock in a transaction on Tuesday, February 11th. The stock was purchased at an average cost of GBX 2,862 ($35.62) per share, with a total value of £39,982.14 ($49,766.17).

Imperial Brands Stock Down 2.7 %

The company has a current ratio of 0.64, a quick ratio of 0.41 and a debt-to-equity ratio of 217.64. The stock’s 50-day moving average price is GBX 2,624.87 and its 200-day moving average price is GBX 2,373.71. The company has a market cap of £23.66 billion, a P/E ratio of 1,219.57, a PEG ratio of 16.51 and a beta of 0.42.

Imperial Brands (LON:IMB) last announced its quarterly earnings results on Tuesday, November 19th. The company reported GBX 297 ($3.70) earnings per share (EPS) for the quarter. Imperial Brands had a return on equity of 39.00% and a net margin of 11.44%. As a group, research analysts forecast that Imperial Brands PLC will post 246.5723613 EPS for the current year.

Imperial Brands Increases Dividend

The firm also recently declared a dividend, which will be paid on Monday, March 31st. Investors of record on Thursday, February 20th will be given a GBX 54.26 ($0.68) dividend. The ex-dividend date is Thursday, February 20th. This represents a yield of 2.43%. This is an increase from Imperial Brands’s previous dividend of $22.45. Imperial Brands’s dividend payout ratio (DPR) is presently 6,652.17%.

Imperial Brands Company Profile

We are Imperial Brands, a global consumer-focused organisation and the fourth largest international tobacco company.

We’re driven by our purpose: to forge a path to a healthier future for moments of relaxation and pleasure. The world’s one billion adult smokers are seeking new and potentially less harmful products and we are committed to meeting their diverse and evolving needs.