Imperial Brands (LON:IMB) Sets New 52-Week High – What’s Next?

Imperial Brands PLC (LON:IMB) shares hit a new 52-week high during mid-day trading on Monday . The company traded as high as GBX 2,536 ($31.88) and last traded at GBX 2,522.72 ($31.71), with a volume of 4619820 shares trading hands. The stock had previously closed at GBX 2,532 ($31.83).

Imperial Brands Price Performance

The company has a debt-to-equity ratio of 217.64, a current ratio of 0.64 and a quick ratio of 0.41. The firm has a fifty day moving average of GBX 2,302.26 and a two-hundred day moving average of GBX 2,134.29. The stock has a market capitalization of £21.93 billion, a P/E ratio of 1,132.61, a P/E/G ratio of 16.51 and a beta of 0.42.

Imperial Brands Increases Dividend

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

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.