Imperial Brands (LON:IMB) Trading Down 0.7% – Here’s What Happened

Imperial Brands PLC (LON:IMB) shares traded down 0.7% during mid-day trading on Monday . The stock traded as low as GBX 2,594 ($32.91) and last traded at GBX 2,597 ($32.95). 1,532,984 shares were traded during mid-day trading, a decline of 45% from the average session volume of 2,770,022 shares. The stock had previously closed at GBX 2,616 ($33.19).

Imperial Brands Stock Down 0.7 %

The stock’s fifty day simple moving average is GBX 2,387.14 and its two-hundred day simple moving average is GBX 2,191.85. 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 company has a market capitalization of £21.91 billion, a price-to-earnings ratio of 1,129.13, a PEG ratio of 16.51 and a beta of 0.42.

Imperial Brands Increases Dividend

The company also recently disclosed a dividend, which will be paid on Monday, March 31st. Investors of record on Thursday, February 20th will be given a GBX 54.26 ($0.69) dividend. The ex-dividend date of this dividend is Thursday, February 20th. This is an increase from Imperial Brands’s previous dividend of $22.45. This represents a yield of 2.43%. Imperial Brands’s dividend payout ratio (DPR) is currently 6,652.17%.

Imperial Brands Company Profile

Imperial Brands PLC, together with its subsidiaries, manufactures, imports, markets, and sells tobacco and tobacco-related products in Europe, the Americas, Africa, Asia, and Australasia. It offers a range of cigarettes, tobacco accessories, vapour, heated tobacco, and oral nicotine. The company sells its products under various brands, including JPS, Davidoff, Gauloises, West, Winston, Kool, Lambert & Butler, Fortuna, Nobel, News, Backwoods, Champion, Golden Virginia, Rizla, Blu, Pulze, Skruf, and Zone X.