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

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

Imperial Brands Stock Up 1.1 %

OTCMKTS:IMBBY opened at $32.50 on Wednesday. Imperial Brands has a twelve month low of $21.30 and a twelve month high of $32.69. The business has a 50 day moving average price of $29.88 and a two-hundred day moving average price of $27.81.

Wall Street Analysts Forecast Growth

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

About Imperial Brands

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.