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

Imperial Brands PLC (LON:IMB) shares reached a new 52-week high during mid-day trading on Monday . The company traded as high as GBX 2,536 ($31.94) and last traded at GBX 2,522.72 ($31.77), with a volume of 4619820 shares changing hands. The stock had previously closed at GBX 2,532 ($31.89).

Imperial Brands Price Performance

The stock has a fifty day moving average price of GBX 2,288.82 and a 200-day moving average price of GBX 2,125.94. The company has a market cap of £21.35 billion, a PE ratio of 1,100.87, a price-to-earnings-growth ratio of 16.51 and a beta of 0.42. The company has a debt-to-equity ratio of 217.64, a current ratio of 0.64 and a quick ratio of 0.41.

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