Imperial Brands (LON:IMB) Reaches New 12-Month High on Insider Buying Activity

Imperial Brands PLC (LON:IMB)’s stock price hit a new 52-week high on Tuesday after an insider bought additional shares in the company. The company traded as high as GBX 2,858 ($35.57) and last traded at GBX 2,857 ($35.56), with a volume of 1862498 shares traded. The stock had previously closed at GBX 2,828 ($35.20).

Specifically, insider Alan Johnson bought 1,397 shares of the firm’s stock in a transaction dated Tuesday, February 11th. The shares were bought at an average price of GBX 2,862 ($35.62) per share, for a total transaction of £39,982.14 ($49,766.17).

Imperial Brands Stock Down 2.0 %

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 firm has a market cap of £23.83 billion, a price-to-earnings ratio of 1,228.45, a price-to-earnings-growth ratio of 16.51 and a beta of 0.42. The firm has a 50 day moving average price of GBX 2,624.87 and a 200-day moving average price of GBX 2,373.71.

Imperial Brands (LON:IMB) last issued its quarterly earnings results on Tuesday, November 19th. The company reported GBX 297 ($3.70) earnings per share (EPS) for the quarter. Imperial Brands had a return on equity of 39.00% and a net margin of 11.44%. As a group, equities analysts predict that Imperial Brands PLC will post 246.5723613 EPS for the current fiscal year.

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 paid a dividend of GBX 54.26 ($0.68) per share. This represents a dividend yield of 2.43%. The ex-dividend date of this dividend is Thursday, February 20th. This is a positive change from Imperial Brands’s previous dividend of $22.45. Imperial Brands’s dividend payout ratio is 6,652.17%.

Imperial Brands Company Profile

We are Imperial Brands, a global consumer-focused organisation and the fourth largest international tobacco company.

We’re driven by our purpose: to forge a path to a healthier future for moments of relaxation and pleasure. The world’s one billion adult smokers are seeking new and potentially less harmful products and we are committed to meeting their diverse and evolving needs.