International Biotechnology (LON:IBT) to Issue Dividend Increase – GBX 14.50 Per Share

International Biotechnology (LON:IBT) announced a dividend on Wednesday, July 3rd, Upcoming.Co.Uk reports. Investors of record on Thursday, July 25th will be given a dividend of GBX 14.50 ($0.19) per share on Friday, August 23rd. This represents a yield of 2.28%. The ex-dividend date of this dividend is Thursday, July 25th. This is a positive change from International Biotechnology’s previous dividend of $13.90. The official announcement can be accessed at this link.

International Biotechnology Price Performance

Shares of LON:IBT opened at GBX 708 ($9.16) on Tuesday. International Biotechnology has a 1-year low of GBX 548 ($7.09) and a 1-year high of GBX 718 ($9.29). The company has a current ratio of 0.27, a quick ratio of 0.32 and a debt-to-equity ratio of 8.19. The stock has a market cap of £277.11 million, a PE ratio of 664.76 and a beta of 0.18. The stock’s fifty day simple moving average is GBX 651.24 and its two-hundred day simple moving average is GBX 649.92.

International Biotechnology Company Profile

International Biotechnology Trust plc specializes in investments in development stage and late stage companies. The majority of the fund's assets are generally invested in smaller and mid-capitalization quoted companies, with a minority in larger capitalization quoted companies. It makes long only investments.