Imperial Brands PLC (OTCMKTS:IMBBY) to Issue $0.68 Dividend

Imperial Brands PLC (OTCMKTS:IMBBY) announced a dividend on Monday, January 27th,NASDAQ Dividends reports. Stockholders of record on Friday, February 21st will be paid a dividend of 0.6779 per share on Monday, April 7th. The ex-dividend date of this dividend is Friday, February 21st.

Imperial Brands Stock Down 0.6 %

OTCMKTS:IMBBY traded down $0.20 during mid-day trading on Tuesday, hitting $33.10. 48,010 shares of the stock were exchanged, compared to its average volume of 213,471. The firm’s 50-day simple moving average is $32.35 and its 200 day simple moving average is $29.99. Imperial Brands has a fifty-two week low of $21.30 and a fifty-two week high of $33.49. The company has a debt-to-equity ratio of 1.24, a quick ratio of 0.36 and a current ratio of 0.72.

Wall Street Analysts Forecast Growth

IMBBY has been the subject of a number of recent research reports. Morgan Stanley raised shares of Imperial Brands from an “equal weight” rating to an “overweight” rating in a research report on Thursday, October 3rd. Barclays upgraded shares of Imperial Brands to a “strong-buy” rating in a research report on Wednesday, October 9th.

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.