International Biotechnology (LON:IBT) Announces Dividend Increase – GBX 15.56 Per Share

International Biotechnology (LON:IBT) announced a dividend on Tuesday, December 10th,Upcoming Dividends.Co.Uk reports. Stockholders of record on Thursday, December 19th will be paid a dividend of GBX 15.56 ($0.20) per share on Friday, January 24th. This represents a dividend yield of 2.21%. The ex-dividend date is Thursday, December 19th. This is an increase from International Biotechnology’s previous dividend of $14.50. The official announcement can be viewed at this link.

International Biotechnology Price Performance

Shares of LON:IBT opened at GBX 711.99 ($9.10) on Wednesday. International Biotechnology has a 1-year low of GBX 588 ($7.51) and a 1-year high of GBX 734 ($9.38). The firm has a market capitalization of £263.15 million, a PE ratio of 1,466.67 and a beta of 0.21. The business’s 50 day moving average is GBX 690.83 and its 200-day moving average is GBX 675.50. The company has a current ratio of 0.46, a quick ratio of 0.32 and a debt-to-equity ratio of 9.66.

International Biotechnology Company Profile

International Biotechnology Trust plc specializes in investments in development stage and late stage companies. The majority of the fund's assets are generally invested in smaller and mid-capitalization quoted companies, with a minority in larger capitalization quoted companies. It makes long only investments.