Imperial Brands (LON:IMB) Trading Down 0.7% – What’s Next?

Imperial Brands PLC (LON:IMB)’s share price traded down 0.7% during 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 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 Performance

The company’s 50 day simple moving average is GBX 2,387.14 and its 200 day simple moving average is GBX 2,191.85. The stock has a market cap 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. The company has a debt-to-equity ratio of 217.64, a quick ratio of 0.41 and a current ratio of 0.64.

Imperial Brands Increases Dividend

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

About Imperial Brands

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.