JPMorgan Japanese (LON:JFJ) Sets New 52-Week High - Here's Why

JPMorgan Japanese (LON:JFJ - Get Free Report)'s stock price reached a new 52-week high on Thursday . The company traded as high as GBX 637 ($8.74) and last traded at GBX 637 ($8.74), with a volume of 7287 shares trading hands. The stock had previously closed at GBX 633 ($8.68).

JPMorgan Japanese Trading Up 2.7%

The firm has a market cap of £1.08 billion, a price-to-earnings ratio of 5.53 and a beta of 0.71. The stock has a 50-day moving average of GBX 607.23 and a two-hundred day moving average of GBX 584.18.

JPMorgan Japanese (LON:JFJ - Get Free Report) last released its quarterly earnings results on Thursday, May 29th. The company reported GBX 5.32 ($0.07) earnings per share for the quarter. JPMorgan Japanese had a return on equity of 19.70% and a net margin of 98.31%.

JPMorgan Japanese Increases Dividend

The business also recently declared a dividend, which was paid on Monday, April 14th. Investors of record on Thursday, April 10th were given a GBX 45 ($0.62) dividend. This is a positive change from JPMorgan Japanese's previous dividend of $6.75. The ex-dividend date was Thursday, April 10th. This represents a dividend yield of 0.86%. JPMorgan Japanese's dividend payout ratio (DPR) is 5.91%.

JPMorgan Japanese Company Profile

Be at the heart of Japan's new growth Tap into Japan's economic transformation and potential for long-term capital growth as a dynamic new generation of companies emerges Why invest in this Trust? Expertise - One of the largest and oldest closed-end funds to focus on Japanese equities. Managed by a Tokyo-based team of 25 Japan investment professionals, providing the vital local insights needed to uncover value in an under-researched market. Portfolio: Invests in innovative Japanese companies from across the market cap spectrum that are leading the world in high-growth industries, including robotics, e-commerce, fintech and computer gaming. Seeks out high quality companies with strong franchises, balance sheets and cash-flow generation, while fully integrating environmental, social and governance factors into stock selection. Results- Provides access to a portfolio that is focused only on those high quality Japanese companies that we believe offer the most attractive opportunities for sustainable long-term capital growth.