International Biotechnology (LON:IBT) Raises Dividend to GBX 14.50 Per Share

International Biotechnology (LON:IBT) announced a dividend on Wednesday, July 3rd, Upcoming.Co.Uk reports. Investors of record on Thursday, July 25th will be paid a dividend of GBX 14.50 ($0.19) per share on Friday, August 23rd. This represents a dividend yield of 2.28%. The ex-dividend date is Thursday, July 25th. This is a positive change from International Biotechnology’s previous dividend of $13.90. The official announcement can be seen at this link.

International Biotechnology Stock Performance

Shares of IBT opened at GBX 708.96 ($9.17) on Wednesday. International Biotechnology has a 52-week low of GBX 548 ($7.09) and a 52-week high of GBX 718 ($9.29). The firm has a market capitalization of £277.49 million, a PE ratio of 672.38 and a beta of 0.18. The firm has a 50-day moving average price of GBX 652.66 and a 200 day moving average price of GBX 650.42. The company has a quick ratio of 0.32, a current ratio of 0.27 and a debt-to-equity ratio of 8.19.

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.