Imperial Brands PLC (IMB) to Issue Dividend of GBX 21.27 on June 30th

Imperial Brands PLC (LON:IMBGet Rating) declared a dividend on Tuesday, May 17th, Upcoming.Co.Uk reports. Shareholders of record on Thursday, May 26th will be given a dividend of GBX 21.27 ($0.26) per share on Thursday, June 30th. This represents a yield of 1.24%. The ex-dividend date is Thursday, May 26th. The official announcement can be accessed at this link.

LON:IMB opened at GBX 1,841 ($22.69) on Thursday. The stock has a fifty day moving average price of GBX 1,651.80 and a two-hundred day moving average price of GBX 1,644.67. The stock has a market capitalization of £17.50 billion and a price-to-earnings ratio of 6.21. The company has a debt-to-equity ratio of 170.14, a quick ratio of 0.39 and a current ratio of 0.76. Imperial Brands has a 1 year low of GBX 1,434.23 ($17.68) and a 1 year high of GBX 1,888 ($23.27).

Several analysts have weighed in on the company. Barclays upped their target price on Imperial Brands from GBX 2,100 ($25.89) to GBX 2,300 ($28.35) and gave the company an “overweight” rating in a report on Tuesday. JPMorgan Chase & Co. upped their target price on Imperial Brands from GBX 2,000 ($24.65) to GBX 2,250 ($27.74) and gave the company an “overweight” rating in a report on Wednesday. Morgan Stanley reaffirmed an “equal weight” rating on shares of Imperial Brands in a research note on Wednesday, May 11th. Deutsche Bank Aktiengesellschaft increased their price objective on Imperial Brands from GBX 2,100 ($25.89) to GBX 2,250 ($27.74) and gave the company a “buy” rating in a research note on Tuesday. Finally, Royal Bank of Canada reaffirmed an “outperform” rating and set a GBX 2,000 ($24.65) price objective on shares of Imperial Brands in a research note on Wednesday, May 4th. Two analysts have rated the stock with a hold rating and four have given a buy rating to the stock. According to data from MarketBeat, the stock has an average rating of “Buy” and a consensus target price of GBX 2,034.33 ($25.08).

About Imperial Brands (Get Rating)

Imperial Brands PLC, together with its subsidiaries, manufactures, imports, markets, and sells tobacco and tobacco-related products in Europe, Americas, Africa, Asia, and Australasia. It offers a range of cigarettes, fine cut and smokeless tobacco, papers, and cigars; and next generation product (NGP) portfolio, such as e-vapour products, oral nicotine, and heated tobacco products.

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Dividend History for Imperial Brands (LON:IMB)

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