Imperial Brands PLC (OTCMKTS:IMBBY) Plans Dividend of $0.70

Imperial Brands PLC (OTCMKTS:IMBBY) announced a dividend on Wednesday, October 30th,NASDAQ Dividends reports. Shareholders 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 $33.39 on Thursday. Imperial Brands has a 1-year low of $21.30 and a 1-year high of $33.49. The firm’s fifty day simple moving average is $29.97 and its 200-day simple moving average is $27.87.

Analyst Ratings Changes

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

About Imperial Brands

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.