Imperial Tobacco Group plc Sponsored Plans Quarterly Dividend of $0.86 (IMBBY)
Imperial Tobacco Group plc Sponsored (OTCMKTS:IMBBY) declared a quarterly dividend on Thursday, November 8th, Zacks reports. Investors of record on Friday, November 23rd will be paid a dividend of 0.855 per share on Monday, January 7th. This represents a $3.42 dividend on an annualized basis and a yield of 10.44%. The ex-dividend date is Wednesday, November 21st.
Shares of OTCMKTS IMBBY opened at $32.77 on Tuesday. The firm has a market capitalization of $32.17 billion, a P/E ratio of 9.28 and a beta of 0.59. The company has a debt-to-equity ratio of 1.81, a current ratio of 0.60 and a quick ratio of 0.30. Imperial Tobacco Group has a 1-year low of $32.61 and a 1-year high of $44.02.
IMBBY has been the subject of a number of recent research reports. Royal Bank of Canada downgraded shares of Imperial Tobacco Group from a “sector perform” rating to an “underperform” rating in a research note on Monday, September 3rd. Sanford C. Bernstein initiated coverage on shares of Imperial Tobacco Group in a research note on Tuesday, October 16th. They set an “outperform” rating for the company. Finally, Zacks Investment Research upgraded shares of Imperial Tobacco Group from a “sell” rating to a “hold” rating in a research note on Thursday, September 27th. One research analyst has rated the stock with a sell rating, four have given a hold rating and one has assigned a buy rating to the company’s stock. Imperial Tobacco Group presently has a consensus rating of “Hold” and an average target price of $41.00.
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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.
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