JPMorgan Asia Growth & Income plc (LON:JAGI) Plans Dividend Increase - GBX 6.10 Per Share

JPMorgan Asia Growth & Income plc (LON:JAGI - Get Free Report) declared a dividend on Tuesday, April 1st, DividendData.Co.Uk reports. Shareholders of record on Thursday, April 24th will be given a dividend of GBX 6.10 ($0.08) per share on Thursday, May 1st. This represents a yield of 1.69%. The ex-dividend date is Thursday, April 24th. This is a 45.2% increase from JPMorgan Asia Growth & Income's previous dividend of $4.20. The official announcement can be seen at this link.

JPMorgan Asia Growth & Income Stock Performance

Shares of JPMorgan Asia Growth & Income stock traded up GBX 2.17 ($0.03) on Friday, reaching GBX 338.17 ($4.42). The company had a trading volume of 99,924 shares, compared to its average volume of 202,632. The firm's 50 day moving average price is GBX 372.79 and its two-hundred day moving average price is GBX 374.37. JPMorgan Asia Growth & Income has a 52-week low of GBX 323 ($4.23) and a 52-week high of GBX 394 ($5.16). The firm has a market cap of £247.73 million, a PE ratio of 6.89 and a beta of 0.56.

About JPMorgan Asia Growth & Income

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.