JPMorgan Asia Growth & Income (LON:JAGI) Shares Up 1.1% - Should You Buy?

JPMorgan Asia Growth & Income plc (LON:JAGI - Get Free Report)'s share price traded up 1.1% during trading on Friday . The stock traded as high as GBX 379.50 ($5.14) and last traded at GBX 376.50 ($5.10). 252,391 shares were traded during mid-day trading, an increase of 36% from the average session volume of 185,207 shares. The stock had previously closed at GBX 372.50 ($5.04).

JPMorgan Asia Growth & Income Price Performance

The firm has a 50-day simple moving average of GBX 364.59 and a 200 day simple moving average of GBX 371.03. The stock has a market capitalization of £275.08 million, a P/E ratio of 7.65 and a beta of 0.56.

JPMorgan Asia Growth & Income (LON:JAGI - Get Free Report) last issued its quarterly earnings results on Friday, May 30th. The company reported GBX 1.20 ($0.02) EPS for the quarter. JPMorgan Asia Growth & Income had a net margin of 86.71% and a return on equity of 12.22%.

JPMorgan Asia Growth & Income Increases Dividend

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