Imperial Tobacco Group plc Sponsored (OTCMKTS:IMBBY) Declares $0.40 Quarterly Dividend

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Imperial Tobacco Group plc Sponsored (OTCMKTS:IMBBY) announced a quarterly dividend on Monday, July 1st, Zacks reports. Investors of record on Friday, August 23rd will be paid a dividend of 0.40 per share on Friday, October 4th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 6.26%. The ex-dividend date is Thursday, August 22nd.

Shares of OTCMKTS:IMBBY opened at $25.57 on Tuesday. Imperial Tobacco Group has a 12 month low of $23.27 and a 12 month high of $38.36. The stock’s fifty day moving average is $25.70.

Separately, Zacks Investment Research upgraded shares of Imperial Tobacco Group from a “sell” rating to a “hold” rating in a report on Thursday, June 13th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and two have assigned a buy rating to the company. The stock presently has an average rating of “Hold” and a consensus target price of $38.00.

About Imperial Tobacco Group

Imperial Brands PLC, together with its subsidiaries, manufactures, imports, markets, and sells tobacco and tobacco-related products. It offers a range of cigarettes, fine cut and smokeless tobacco, papers, and cigars; and e-vapour products. The company sells its products under the growth brands, such as Davidoff, Gauloises Blondes, JPS, West, Lambert & Butler, Bastos, Fine, Winston, News, and Parker & Simpson; and specialist brands consisting of blu, Kool, Gitanes, Jade, Cohiba, Montecristo, Romeo Y Julieta, Backwoods, Skruf, Golden Virginia, and Drum in approximately 160 countries worldwide.

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