Imperial Brands (LON:IMB) Reaches New 12-Month High on Insider Buying Activity

Shares of Imperial Brands PLC (LON:IMB) reached a new 52-week high during mid-day trading on Tuesday following insider buying activity. The stock traded as high as GBX 2,858 ($35.57) and last traded at GBX 2,857 ($35.56), with a volume of 1862498 shares. The stock had previously closed at GBX 2,828 ($35.20).

Specifically, insider Alan Johnson bought 1,397 shares of the business’s stock in a transaction on Tuesday, February 11th. The shares were purchased at an average price of GBX 2,862 ($35.62) per share, with a total value of £39,982.14 ($49,766.17).

Imperial Brands Stock Down 2.0 %

The firm has a 50 day simple moving average of GBX 2,624.87 and a two-hundred day simple moving average of GBX 2,373.71. The company has a debt-to-equity ratio of 217.64, a current ratio of 0.64 and a quick ratio of 0.41. The stock has a market cap of £23.83 billion, a price-to-earnings ratio of 1,228.45, a price-to-earnings-growth ratio of 16.51 and a beta of 0.42.

Imperial Brands (LON:IMB) last released its quarterly earnings results on Tuesday, November 19th. The company reported GBX 297 ($3.70) EPS for the quarter. Imperial Brands had a return on equity of 39.00% and a net margin of 11.44%. As a group, sell-side analysts expect that Imperial Brands PLC will post 246.5723613 EPS for the current year.

Imperial Brands Increases Dividend

The firm also recently declared a dividend, which will be paid on Monday, March 31st. Stockholders of record on Thursday, February 20th will be given a dividend of GBX 54.26 ($0.68) per share. The ex-dividend date of this dividend is Thursday, February 20th. This represents a dividend yield of 2.43%. This is a positive change from Imperial Brands’s previous dividend of $22.45. Imperial Brands’s dividend payout ratio (DPR) is currently 6,652.17%.

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.