Imperial Brands PLC (LON:IMB) declared a dividend on Tuesday, November 6th, Upcoming.Co.Uk reports. Shareholders of record on Thursday, February 21st will be given a dividend of GBX 65.46 ($0.86) per share on Friday, March 29th. This represents a yield of 2.47%. The ex-dividend date of this dividend is Thursday, February 21st. The official announcement can be viewed at this link.
LON:IMB opened at GBX 2,674 ($34.94) on Wednesday. Imperial Brands has a 52 week low of GBX 2,447 ($31.97) and a 52 week high of GBX 3,956.50 ($51.70).
A number of research analysts have commented on the company. Credit Suisse Group restated an “outperform” rating on shares of Imperial Brands in a research note on Thursday, August 23rd. JPMorgan Chase & Co. set a GBX 2,900 ($37.89) price objective on Imperial Brands and gave the company a “neutral” rating in a research note on Tuesday, July 17th. Royal Bank of Canada cut Imperial Brands to an “underperform” rating and reduced their price objective for the company from GBX 2,800 ($36.59) to GBX 2,400 ($31.36) in a research note on Monday, September 3rd. Goldman Sachs Group set a GBX 2,920 ($38.15) price objective on Imperial Brands and gave the company a “neutral” rating in a research note on Tuesday, September 4th. Finally, Barclays reiterated an “overweight” rating on shares of Imperial Brands in a research note on Wednesday, September 26th. Two analysts have rated the stock with a sell rating, four have issued a hold rating and nine have given a buy rating to the company. The company has a consensus rating of “Hold” and a consensus target price of GBX 3,219.69 ($42.07).
COPYRIGHT VIOLATION NOTICE: This report was posted by Week Herald and is the sole property of of Week Herald. If you are viewing this report on another site, it was illegally stolen and republished in violation of U.S. & international copyright laws. The original version of this report can be read at https://weekherald.com/2018/11/07/imperial-brands-plc-to-issue-dividend-of-gbx-65-46-imb.html.
Imperial Brands Company Profile
Imperial Brands PLC, together with its subsidiaries, manufactures, markets, and sells tobacco and tobacco-related products. It offers cigarettes, fine cut tobacco, papers, and cigars; smokeless tobacco, including snus; and e-vapour products. The company sells its products under the growth brands, such as Davidoff, Gauloises Blondes, JPS, West, Fine, News, Winston, Bastos, Lambert & Butler, and Parker & Simpson; and specialist brands consisting of blu, Gitanes, Kool, Golden Virginia, Drum, Route 66, Cohiba, Montecristo, Romeo Y Julieta, Backwoods, Skruf, and Rizla in approximately 160 countries worldwide.
Further Reading: What is a conference call?
Receive News & Ratings for Imperial Brands Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Imperial Brands and related companies with MarketBeat.com's FREE daily email newsletter.