International Biotechnology (IBT) To Go Ex-Dividend on December 19th

International Biotechnology (LON:IBT) declared a dividend on Tuesday, December 10th,Upcoming Dividends.Co.Uk reports. Shareholders of record on Thursday, December 19th will be given a dividend of GBX 15.56 ($0.20) per share on Friday, January 24th. This represents a yield of 2.21%. The ex-dividend date of this dividend is Thursday, December 19th. This is an increase from International Biotechnology’s previous dividend of $14.50. The official announcement can be viewed at this link.

International Biotechnology Trading Down 1.3 %

IBT stock opened at GBX 703.76 ($8.93) on Tuesday. International Biotechnology has a 12-month low of GBX 588 ($7.46) and a 12-month high of GBX 734 ($9.31). The business’s 50-day moving average is GBX 694.15 and its 200 day moving average is GBX 677.59. The company has a current ratio of 0.46, a quick ratio of 0.32 and a debt-to-equity ratio of 9.66. The stock has a market cap of £260.11 million, a price-to-earnings ratio of 1,466.18 and a beta of 0.21.

About International Biotechnology

International Biotechnology Trust plc specializes in investments in development stage and late stage companies. The majority of the fund's assets are generally invested in smaller and mid-capitalization quoted companies, with a minority in larger capitalization quoted companies. It makes long only investments.