Imperial Brands (LON:IMB) Reaches New 12-Month High – Should You Buy?

Imperial Brands PLC (LON:IMB) hit a new 52-week high during mid-day trading on Thursday . The company traded as high as GBX 2,267 ($29.67) and last traded at GBX 2,266 ($29.66), with a volume of 6807901 shares changing hands. The stock had previously closed at GBX 2,253 ($29.49).

Imperial Brands Trading Up 0.2 %

The firm has a market capitalization of £19.11 billion, a P/E ratio of 985.22, a price-to-earnings-growth ratio of 16.51 and a beta of 0.42. The company has a debt-to-equity ratio of 217.64, a quick ratio of 0.41 and a current ratio of 0.64. The firm has a 50 day moving average price of GBX 2,175.66 and a two-hundred day moving average price of GBX 1,999.48.

Imperial Brands Increases Dividend

The business also recently disclosed a dividend, which will be paid on Monday, March 31st. Stockholders of record on Thursday, February 20th will be paid a dividend of GBX 54.26 ($0.71) per share. The ex-dividend date of this dividend is Thursday, February 20th. This is a positive change from Imperial Brands’s previous dividend of $22.45. This represents a dividend yield of 2.43%. Imperial Brands’s dividend payout ratio (DPR) 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.