International Biotechnology (LON:IBT) Increases Dividend to GBX 15.56 Per Share

International Biotechnology (LON:IBT) announced a dividend on Tuesday, December 10th,Upcoming Dividends.Co.Uk reports. Investors of record on Thursday, December 19th will be paid a dividend of GBX 15.56 ($0.20) per share on Friday, January 24th. This represents a yield of 2.21%. The ex-dividend date is Thursday, December 19th. This is a positive change from International Biotechnology’s previous dividend of $14.50. The official announcement can be accessed at this link.

International Biotechnology Stock Performance

Shares of IBT stock opened at GBX 710 ($9.05) on Tuesday. The firm has a 50 day moving average of GBX 690.11 and a two-hundred day moving average of GBX 675.07. The stock has a market capitalization of £262.42 million, a PE ratio of 1,466.67 and a beta of 0.21. The company has a quick ratio of 0.32, a current ratio of 0.46 and a debt-to-equity ratio of 9.66. International Biotechnology has a 52 week low of GBX 588 ($7.50) and a 52 week high of GBX 734 ($9.36).

International Biotechnology Company Profile

International Biotechnology Trust plc specializes in investments in development stage and late stage companies. The majority of the fund's assets are generally invested in smaller and mid-capitalization quoted companies, with a minority in larger capitalization quoted companies. It makes long only investments.