Imperial Brands (LON:IMB) Reaches New 12-Month High – Still a Buy?

Imperial Brands PLC (LON:IMB)’s share price reached a new 52-week high during trading on Thursday . The company traded as high as GBX 2,350 ($30.48) and last traded at GBX 2,344 ($30.40), with a volume of 4165380 shares traded. The stock had previously closed at GBX 2,304 ($29.88).

Imperial Brands Stock Performance

The company has a quick ratio of 0.41, a current ratio of 0.64 and a debt-to-equity ratio of 217.64. The company has a market capitalization of £19.92 billion, a PE ratio of 1,026.52, a PEG ratio of 16.51 and a beta of 0.42. The company has a 50-day moving average price of GBX 2,225.48 and a two-hundred day moving average price of GBX 2,060.72.

Imperial Brands Increases Dividend

The company also recently declared a dividend, which will be paid on Monday, March 31st. Stockholders of record on Thursday, February 20th will be issued a GBX 54.26 ($0.70) dividend. This represents a dividend yield of 2.43%. This is an increase from Imperial Brands’s previous dividend of $22.45. The ex-dividend date is Thursday, February 20th. Imperial Brands’s dividend payout ratio is presently 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.