Imperial Tobacco Group (OTCMKTS:IMBBY) Shares Pass Above 200-Day Moving Average – Here’s Why

Imperial Tobacco Group PLC (OTCMKTS:IMBBY) passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $39.65 and traded as high as $40.86. Imperial Tobacco Group shares last traded at $40.40, with a volume of 498,706 shares.

Imperial Tobacco Group Trading Down 1.5%

The stock’s 50 day moving average is $41.52 and its 200-day moving average is $39.65. The company has a debt-to-equity ratio of 1.40, a current ratio of 0.68 and a quick ratio of 0.30.

Imperial Tobacco Group Increases Dividend

The company also recently declared a dividend, which will be paid on Tuesday, October 7th. Stockholders of record on Monday, August 25th will be issued a dividend of $0.5294 per share. The ex-dividend date is Friday, August 22nd. This is a positive change from Imperial Tobacco Group’s previous dividend of $0.50. This represents a dividend yield of 582.0%.

Imperial Tobacco Group Company Profile

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.