Imperial Brands PLC (LON:IMB) Declares Dividend of GBX 22.45

Imperial Brands PLC (LON:IMB) announced a dividend on Wednesday, May 15th, Upcoming.Co.Uk reports. Stockholders of record on Thursday, August 22nd will be given a dividend of GBX 22.45 ($0.29) per share on Monday, September 30th. This represents a dividend yield of 1.2%. The ex-dividend date of this dividend is Thursday, August 22nd. The official announcement can be seen at this link.

Imperial Brands Price Performance

IMB opened at GBX 2,146 ($27.88) on Wednesday. The company has a 50-day moving average of GBX 2,083.06 and a 200-day moving average of GBX 1,911.89. The company has a market capitalization of £18.26 billion, a P/E ratio of 931.30, a PEG ratio of 16.51 and a beta of 0.40. Imperial Brands has a 1-year low of GBX 1,553.50 ($20.19) and a 1-year high of GBX 2,190 ($28.46). The company has a debt-to-equity ratio of 217.64, a quick ratio of 0.41 and a current ratio of 0.64.

Analyst Ratings Changes

Separately, Deutsche Bank Aktiengesellschaft boosted their price objective on shares of Imperial Brands from GBX 2,325 ($30.21) to GBX 2,600 ($33.78) and gave the company a “buy” rating in a research report on Tuesday, May 21st. One investment analyst has rated the stock with a hold rating and four have given a buy rating to the company. Based on data from MarketBeat.com, Imperial Brands presently has an average rating of “Moderate Buy” and a consensus target price of GBX 2,265 ($29.43).

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.