Imperial Brands PLC Declares Dividend of GBX 65.46 (IMB)

Imperial Brands PLC (LON:IMB) announced a dividend on Tuesday, November 6th, Upcoming.Co.Uk reports. Stockholders of record on Thursday, February 21st will be given a dividend of GBX 65.46 ($0.86) per share on Friday, March 29th. This represents a dividend yield of 2.47%. The ex-dividend date is Thursday, February 21st. The official announcement can be accessed at this link.

LON IMB traded up GBX 4.50 ($0.06) on Tuesday, hitting GBX 2,648 ($34.60). 2,483,970 shares of the company were exchanged, compared to its average volume of 2,680,000. Imperial Brands has a 12 month low of GBX 2,447 ($31.97) and a 12 month high of GBX 3,956.50 ($51.70).

In other Imperial Brands news, insider Simon Langelier acquired 225 shares of the stock in a transaction on Wednesday, September 12th. The shares were purchased at an average price of GBX 2,644 ($34.55) per share, for a total transaction of £5,949 ($7,773.42). Also, insider Oliver Tant acquired 5,386 shares of the stock in a transaction on Thursday, September 20th. The shares were acquired at an average price of GBX 2,586 ($33.79) per share, for a total transaction of £139,281.96 ($181,996.55).

IMB has been the topic of several research analyst reports. Deutsche Bank reissued a “buy” rating on shares of Imperial Brands in a research note on Wednesday, September 12th. Liberum Capital reissued a “buy” rating on shares of Imperial Brands in a research note on Tuesday, September 25th. Sanford C. Bernstein set a GBX 2,990 ($39.07) target price on shares of Imperial Brands and gave the stock a “buy” rating in a research note on Tuesday, October 16th. Jefferies Financial Group increased their target price on shares of Imperial Brands from GBX 3,600 ($47.04) to GBX 3,800 ($49.65) and gave the stock a “buy” rating in a research note on Wednesday, October 17th. Finally, JPMorgan Chase & Co. set a GBX 2,900 ($37.89) target price on shares of Imperial Brands and gave the stock a “neutral” rating in a research note on Friday, September 14th. Two research analysts have rated the stock with a sell rating, four have given a hold rating and nine have given a buy rating to the company. Imperial Brands presently has an average rating of “Hold” and a consensus target price of GBX 3,225.94 ($42.15).

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Imperial Brands Company Profile

Imperial Brands PLC, together with its subsidiaries, manufactures, markets, and sells tobacco and tobacco-related products. It offers cigarettes, fine cut tobacco, papers, and cigars; smokeless tobacco, including snus; and e-vapour products. The company sells its products under the growth brands, such as Davidoff, Gauloises Blondes, JPS, West, Fine, News, Winston, Bastos, Lambert & Butler, and Parker & Simpson; and specialist brands consisting of blu, Gitanes, Kool, Golden Virginia, Drum, Route 66, Cohiba, Montecristo, Romeo Y Julieta, Backwoods, Skruf, and Rizla in approximately 160 countries worldwide.

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Dividend History for Imperial Brands (LON:IMB)

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