JPMorgan Asia Growth & Income (LON:JAGI) Shares Up 0.3% - Still a Buy?

Shares of JPMorgan Asia Growth & Income plc (LON:JAGI - Get Free Report) were up 0.3% during trading on Wednesday . The stock traded as high as GBX 372.08 ($4.99) and last traded at GBX 372.08 ($4.99). Approximately 55,445 shares changed hands during mid-day trading, a decline of 70% from the average daily volume of 182,539 shares. The stock had previously closed at GBX 371 ($4.98).

JPMorgan Asia Growth & Income Stock Up 0.3%

The business has a 50-day simple moving average of GBX 359.42 and a two-hundred day simple moving average of GBX 371.20. The stock has a market capitalization of £272.57 million, a P/E ratio of 7.58 and a beta of 0.56.

JPMorgan Asia Growth & Income Increases Dividend

The company also recently disclosed a dividend, which was paid on Thursday, May 1st. Stockholders of record on Thursday, April 24th were issued a dividend of GBX 6.10 ($0.08) per share. This is a positive change from JPMorgan Asia Growth & Income's previous dividend of $4.20. The ex-dividend date of this dividend was Thursday, April 24th. This represents a dividend yield of 1.69%. JPMorgan Asia Growth & Income's dividend payout ratio (DPR) 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.

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