Imperial Brands (LON:IMB) Hits New 1-Year High – Here’s Why

Imperial Brands PLC (LON:IMB)’s share price hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as GBX 2,753.10 ($34.36) and last traded at GBX 2,742 ($34.22), with a volume of 1507684 shares. The stock had previously closed at GBX 2,741 ($34.21).

Imperial Brands Stock Down 0.0 %

The company has a quick ratio of 0.41, a current ratio of 0.64 and a debt-to-equity ratio of 217.64. The company has a market capitalization of £23.12 billion, a price-to-earnings ratio of 1,191.74, a P/E/G ratio of 16.51 and a beta of 0.42. The business’s 50-day moving average is GBX 2,593.97 and its 200-day moving average is GBX 2,342.21.

Imperial Brands (LON:IMB) last issued its quarterly earnings data on Tuesday, November 19th. The company reported GBX 297 ($3.71) earnings per share (EPS) for the quarter. Imperial Brands had a return on equity of 39.00% and a net margin of 11.44%. As a group, equities analysts predict that Imperial Brands PLC will post 246.5723613 earnings per share for the current year.

Imperial Brands Increases Dividend

The company 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 ($0.68) per share. This is a boost from Imperial Brands’s previous dividend of $22.45. The ex-dividend date is Thursday, February 20th. This represents a dividend yield of 2.43%. Imperial Brands’s dividend payout ratio (DPR) is presently 6,652.17%.

Insider Activity

In other Imperial Brands news, insider Lukas Paravicini sold 6,639 shares of the stock in a transaction that occurred on Monday, December 16th. The stock was sold at an average price of GBX 2,615 ($32.64), for a total transaction of £173,609.85 ($216,687.28). Also, insider Jon Stanton acquired 398,802 shares of the company’s stock in a transaction on Monday, January 6th. The stock was acquired at an average cost of GBX 2,597 ($32.41) per share, for a total transaction of £10,356,887.94 ($12,926,719.85). Insiders own 7.33% of the company’s stock.

About Imperial Brands

We are Imperial Brands, a global consumer-focused organisation and the fourth largest international tobacco company.

We’re driven by our purpose: to forge a path to a healthier future for moments of relaxation and pleasure. The world’s one billion adult smokers are seeking new and potentially less harmful products and we are committed to meeting their diverse and evolving needs.