JPMorgan Asia Growth & Income (LON:JAGI) Issues Earnings Results

JPMorgan Asia Growth & Income (LON:JAGI - Get Free Report) issued its quarterly earnings data on Friday. The company reported GBX 1.20 ($0.02) earnings per share for the quarter, Digital Look Earnings reports. JPMorgan Asia Growth & Income had a net margin of 86.71% and a return on equity of 12.22%.

JPMorgan Asia Growth & Income Price Performance

JAGI stock traded down GBX 2.26 ($0.03) during midday trading on Friday, hitting GBX 366.74 ($4.93). The stock had a trading volume of 139,164 shares, compared to its average volume of 184,801. The firm has a market cap of £268.66 million, a PE ratio of 7.47 and a beta of 0.56. JPMorgan Asia Growth & Income has a 12-month low of GBX 323 ($4.35) and a 12-month high of GBX 394 ($5.30). The company's 50-day moving average price is GBX 357.85 and its 200 day moving average price is GBX 371.02.

JPMorgan Asia Growth & Income Increases Dividend

The company also recently announced a dividend, which was paid on Thursday, May 1st. Shareholders of record on Thursday, April 24th were paid a GBX 6.10 ($0.08) dividend. This is a boost from JPMorgan Asia Growth & Income's previous dividend of $4.20. This represents a yield of 1.69%. The ex-dividend date of this dividend was Thursday, April 24th. JPMorgan Asia Growth & Income's payout ratio is presently 32.58%.

JPMorgan Asia Growth & Income Company Profile

Targeting income without compromising on Asia's growth JPMorgan Asia Growth & Income plc provides access to the world's fastest growing equity market and targets predictable quarterly income without compromising its focus on growth. Key points: Expertise - Managed by emerging market veterans. Portfolio - Manager's focus on seeking out Asia's best growth ideas. Results - Seeks to provide predictable quarterly income distributions set annually. Why invest in this trust Managed by our locally based team of investment experts, the JPMorgan Asia Growth & Income plc provides broad access to Asia's fast growing markets and benefits from our long experience in the region. Investment objective Aims to provide capital growth from a diversified portfolio of around 50 to 80 companies quoted on the Asian stock markets, excluding Japan.