Imperial Brands (LON:IMB) Sets New 12-Month High - Time to Buy?

Imperial Brands PLC (LON:IMB - Get Free Report) reached a new 52-week high during mid-day trading on Tuesday . The stock traded as high as GBX 2,989 ($39.80) and last traded at GBX 2,989 ($39.80), with a volume of 8209559 shares. The stock had previously closed at GBX 2,971 ($39.56).

Imperial Brands Stock Down 0.6 %

The firm has a market capitalization of £25.21 billion, a price-to-earnings ratio of 12.72, a price-to-earnings-growth ratio of 16.51 and a beta of 0.42. The business's 50 day moving average is GBX 2,822.04 and its 200-day moving average is GBX 2,629.94. The company has a debt-to-equity ratio of 166.91, a quick ratio of 0.41 and a current ratio of 0.72.

Imperial Brands Increases Dividend

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

Insider Activity at Imperial Brands

In other news, insider Alan Johnson bought 1,397 shares of Imperial Brands stock in a transaction dated Tuesday, February 11th. The shares were bought at an average price of GBX 2,862 ($38.11) per share, for a total transaction of £39,982.14 ($53,238.54). Also, insider Stefan Bomhard sold 112,183 shares of the stock in a transaction dated Monday, February 17th. The stock was sold at an average price of GBX 2,788 ($37.12), for a total transaction of £3,127,662.04 ($4,164,663.17). 7.33% of the stock is currently owned by corporate insiders.

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.