JPMorgan Asia Growth & Income plc (LON:JAGI - Get Free Report) traded up 1.1% on Friday . The company traded as high as GBX 379.50 ($5.10) and last traded at GBX 376.50 ($5.06). 252,391 shares traded hands during trading, an increase of 36% from the average session volume of 185,207 shares. The stock had previously closed at GBX 372.50 ($5.01).
JPMorgan Asia Growth & Income Stock Performance
The stock has a 50 day simple moving average of GBX 364 and a two-hundred day simple moving average of GBX 371.15. The firm has a market cap of £275.81 million, a PE ratio of 7.67 and a beta of 0.56.
JPMorgan Asia Growth & Income (LON:JAGI - Get Free Report) last released its quarterly earnings data on Friday, May 30th. The company reported GBX 1.20 ($0.02) earnings per share for the quarter. JPMorgan Asia Growth & Income had a return on equity of 12.22% and a net margin of 86.71%.
JPMorgan Asia Growth & Income Increases Dividend
The firm also recently declared a dividend, which was paid on Thursday, May 1st. Investors of record on Thursday, April 24th were issued a GBX 6.10 ($0.08) dividend. This is a boost from JPMorgan Asia Growth & Income's previous dividend of $4.20. The ex-dividend date was Thursday, April 24th. This represents a yield of 1.69%. JPMorgan Asia Growth & Income's dividend payout ratio is presently 32.58%.
About JPMorgan Asia Growth & Income
(
Get Free Report)
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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