Imperial Brands PLC (LON:IMB) Announces Dividend of GBX 31.28

Imperial Brands PLC (LON:IMB) announced a dividend on Wednesday, May 8th, Upcoming.Co.Uk reports. Investors of record on Thursday, August 22nd will be paid a dividend of GBX 31.28 ($0.41) per share on Monday, September 30th. This represents a yield of 1.34%. The ex-dividend date is Thursday, August 22nd. The official announcement can be seen at this link.

Shares of LON IMB opened at GBX 2,115 ($27.64) on Wednesday. The firm’s 50-day moving average price is GBX 2,078.99 and its 200-day moving average price is GBX 2,283.89. The company has a quick ratio of 0.32, a current ratio of 0.68 and a debt-to-equity ratio of 241.51. The company has a market cap of $20.18 billion and a PE ratio of 13.02. Imperial Brands has a 52-week low of GBX 1,821.40 ($23.80) and a 52-week high of GBX 3,009 ($39.32).

A number of brokerages have recently issued reports on IMB. UBS Group reaffirmed a “neutral” rating on shares of Imperial Brands in a report on Friday, May 3rd. Jefferies Financial Group reaffirmed a “buy” rating and set a GBX 3,900 ($50.96) price target on shares of Imperial Brands in a report on Wednesday, May 1st. Deutsche Bank reaffirmed a “buy” rating on shares of Imperial Brands in a report on Friday, August 16th. Barclays reaffirmed an “overweight” rating on shares of Imperial Brands in a report on Friday, July 19th. Finally, Liberum Capital reaffirmed a “buy” rating on shares of Imperial Brands in a report on Friday, July 26th. Two investment analysts have rated the stock with a sell rating, three have issued a hold rating and seven have issued a buy rating to the company. The company presently has an average rating of “Hold” and an average target price of GBX 2,818.64 ($36.83).

Imperial Brands Company Profile

Imperial Brands PLC, together with its subsidiaries, manufactures, imports, markets, and sells tobacco and tobacco-related products. It offers a range of cigarettes, fine cut and smokeless tobacco, papers, and cigars; and e-vapour products. The company sells its products under the growth brands, such as Davidoff, Gauloises Blondes, JPS, West, Lambert & Butler, Bastos, Fine, Winston, News, and Parker & Simpson; and specialist brands consisting of blu, Kool, Gitanes, Jade, Cohiba, Montecristo, Romeo Y Julieta, Backwoods, Skruf, Golden Virginia, and Drum in approximately 160 countries worldwide.

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Dividend History for Imperial Brands (LON:IMB)

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