Imperial Brands PLC (OTCMKTS:IMBBY) Declares Dividend of $0.70

Imperial Brands PLC (OTCMKTS:IMBBY) declared a dividend on Wednesday, October 30th, NASDAQ reports. Stockholders of record on Friday, November 29th will be paid a dividend of 0.6975 per share on Wednesday, January 8th. The ex-dividend date is Friday, November 29th. This is an increase from Imperial Brands’s previous dividend of $0.28.

Imperial Brands Stock Performance

IMBBY opened at $29.84 on Thursday. The company has a fifty day simple moving average of $29.14 and a 200 day simple moving average of $26.74. Imperial Brands has a 12 month low of $21.30 and a 12 month high of $30.36.

Analyst Ratings Changes

A number of equities research analysts have recently commented on the company. Morgan Stanley raised Imperial Brands from an “equal weight” rating to an “overweight” rating in a research report on Thursday, October 3rd. Barclays raised shares of Imperial Brands to a “strong-buy” rating in a research note on Wednesday, October 9th.

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.