JPMorgan Japanese (LON:JFJ) Trading Up 1.1% - Still a Buy?

JPMorgan Japanese (LON:JFJ - Get Free Report) shares rose 1.1% during trading on Monday . The company traded as high as GBX 555 ($7.39) and last traded at GBX 555 ($7.39). Approximately 65,116 shares were traded during trading, a decline of 86% from the average daily volume of 461,221 shares. The stock had previously closed at GBX 549 ($7.31).

JPMorgan Japanese Stock Up 0.5 %

The stock's 50-day simple moving average is GBX 565.90 and its 200 day simple moving average is GBX 564.51. The firm has a market cap of £939.46 million, a P/E ratio of 4.83 and a beta of 0.71.

JPMorgan Japanese Increases Dividend

The firm also recently announced a dividend, which was paid on Monday, April 14th. Investors of record on Thursday, April 10th were paid a dividend of GBX 45 ($0.60) per share. The ex-dividend date of this dividend was Thursday, April 10th. This represents a yield of 0.86%. This is a boost from JPMorgan Japanese's previous dividend of $6.75. JPMorgan Japanese's dividend payout ratio (DPR) is currently 5.91%.

About JPMorgan Japanese

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.