JPMorgan Global Growth & Income (LON:JGGI) Reaches New 12-Month High – What’s Next?

JPMorgan Global Growth & Income (LON:JGGI) hit a new 52-week high during mid-day trading on Friday . The stock traded as high as GBX 614 ($7.64) and last traded at GBX 608 ($7.56), with a volume of 77290 shares changing hands. The stock had previously closed at GBX 609 ($7.57).

JPMorgan Global Growth & Income Stock Down 0.5 %

The company has a debt-to-equity ratio of 6.71, a current ratio of 30.12 and a quick ratio of 5.88. The business’s 50 day moving average price is GBX 592.12 and its 200 day moving average price is GBX 573.65. The firm has a market cap of £2.99 billion, a PE ratio of 696.55 and a beta of 0.61.

JPMorgan Global Growth & Income Announces Dividend

The company also recently disclosed a dividend, which was paid on Monday, January 6th. Shareholders of record on Thursday, November 21st were paid a dividend of GBX 5.70 ($0.07) per share. The ex-dividend date of this dividend was Thursday, November 21st. This represents a yield of 0.96%. JPMorgan Global Growth & Income’s dividend payout ratio (DPR) is currently 2,643.68%.

JPMorgan Global Growth & Income Company Profile

A distinctive strategy for today’s markets
JPMorgan Global Growth & Income plc provides the best of both worlds. The manager focuses on investing in the best ideas from across the world’s stock market, whilst the Company delivers a predictable quarterly income distribution – set at the beginning of its financial year.

Key points:
Expertise – Tapping into the local proprietary analysis of JPMorgan’s award winning and experienced global research team.
Portfolio – A global best ideas – go anywhere – portfolio, with the manager focused on identifying companies that will provide the best total returns.
Results – Provides the best of both worlds – predictable quarterly income and long-term growth from the best global ideas.