Imperial Brands PLC (LON:IMB - Get Free Report) shares hit a new 52-week high during trading on Thursday following insider buying activity. The stock traded as high as GBX 2,643.10 ($32.52) and last traded at GBX 2,642 ($32.51), with a volume of 6371762 shares traded. The stock had previously closed at GBX 2,624 ($32.29).
Specifically, insider Jon Stanton bought 398,802 shares of the company's stock in a transaction dated Monday, January 6th. The stock was bought at an average price of GBX 2,597 ($31.96) per share, with a total value of £10,356,887.94 ($12,743,802.07).
Imperial Brands Trading Up 0.3 %
The stock has a market capitalization of £22.21 billion, a P/E ratio of 1,144.78, a P/E/G ratio of 16.51 and a beta of 0.42. The company has a current ratio of 0.64, a quick ratio of 0.41 and a debt-to-equity ratio of 217.64. The business has a 50-day moving average price of GBX 2,503.07 and a two-hundred day moving average price of GBX 2,266.
Imperial Brands Increases Dividend
The company also recently disclosed a dividend, which will be paid on Monday, March 31st. Shareholders of record on Thursday, February 20th will be paid a dividend of GBX 54.26 ($0.67) per share. This represents a yield of 2.43%. This is an increase from Imperial Brands's previous dividend of $22.45. The ex-dividend date is Thursday, February 20th. Imperial Brands's dividend payout ratio is presently 6,652.17%.
About Imperial Brands
(
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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.
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