Imperial Brands (LON:IMB) Reaches New 12-Month High - What's Next?

Imperial Brands PLC (LON:IMB - Get Free Report) hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as GBX 2,963 ($39.41) and last traded at GBX 2,959 ($39.36), with a volume of 14479772 shares trading hands. The stock had previously closed at GBX 2,921 ($38.85).

Imperial Brands Stock Performance

The company has a debt-to-equity ratio of 166.91, a quick ratio of 0.41 and a current ratio of 0.72. The company has a market cap of £24.94 billion, a price-to-earnings ratio of 12.58, a PEG ratio of 16.51 and a beta of 0.42. The firm's 50-day moving average price is GBX 2,802.62 and its 200 day moving average price is GBX 2,597.40.

Imperial Brands Increases Dividend

The firm also recently announced a dividend, which was paid on Monday, March 31st. Shareholders of record on Thursday, February 20th were issued a dividend of GBX 54.26 ($0.72) per share. This represents a yield of 2.43%. The ex-dividend date was Thursday, February 20th. This is a positive change from Imperial Brands's previous dividend of $22.45. Imperial Brands's payout ratio is currently 64.80%.

Insider Buying and Selling at Imperial Brands

In other Imperial Brands news, insider Alan Johnson purchased 1,397 shares of the stock in a transaction on Tuesday, February 11th. The stock was bought at an average cost of GBX 2,862 ($38.07) per share, for a total transaction of £39,982.14 ($53,181.88). Also, insider Stefan Bomhard sold 112,183 shares of Imperial Brands stock in a transaction dated Monday, February 17th. The shares were sold at an average price of GBX 2,788 ($37.08), for a total value of £3,127,662.04 ($4,160,231.50). Corporate insiders own 7.33% of the company's stock.

Imperial Brands Company Profile

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.