Jon Stanton Acquires 398,802 Shares of Imperial Brands PLC (LON:IMB) Stock

Imperial Brands PLC (LON:IMB) insider Jon Stanton acquired 398,802 shares of the firm’s stock in a transaction on Monday, January 6th. The shares were bought at an average cost of GBX 2,597 ($32.40) per share, for a total transaction of £10,356,887.94 ($12,920,269.39).

Imperial Brands Price Performance

Shares of IMB stock traded up GBX 17 ($0.21) on Wednesday, reaching GBX 2,624 ($32.73). 909,687 shares of the company were exchanged, compared to its average volume of 6,564,453. The company has a market cap of £22.13 billion, a price-to-earnings ratio of 1,140.87, a P/E/G ratio of 16.51 and a beta of 0.42. Imperial Brands PLC has a 1 year low of GBX 1,662 ($20.73) and a 1 year high of GBX 2,636 ($32.88). The business has a 50-day moving average price of GBX 2,489.79 and a 200 day moving average price of GBX 2,260.96. The company has a debt-to-equity ratio of 217.64, a quick ratio of 0.41 and a current ratio of 0.64.

Imperial Brands Increases Dividend

The company also recently announced a dividend, which will be paid on Monday, March 31st. Shareholders of record on Thursday, February 20th will be issued a dividend of GBX 54.26 ($0.68) per share. The ex-dividend date is Thursday, February 20th. This represents a dividend yield of 2.43%. This is a boost from Imperial Brands’s previous dividend of $22.45. Imperial Brands’s dividend payout ratio is presently 6,652.17%.

About Imperial Brands

We are Imperial Brands, a global consumer-focused organisation and the fourth largest international tobacco company.

We’re driven by our purpose: to forge a path to a healthier future for moments of relaxation and pleasure. The world’s one billion adult smokers are seeking new and potentially less harmful products and we are committed to meeting their diverse and evolving needs.