JPMorgan Asia Growth & Income (LON:JAGI) Stock Price Up 0.4% – Here’s Why

JPMorgan Asia Growth & Income plc (LON:JAGI)’s share price traded up 0.4% on Friday . The company traded as high as GBX 372 ($4.69) and last traded at GBX 370.65 ($4.67). 172,741 shares changed hands during mid-day trading, a decline of 25% from the average session volume of 231,066 shares. The stock had previously closed at GBX 369 ($4.65).

JPMorgan Asia Growth & Income Stock Up 0.4 %

The firm has a market cap of £300.19 million, a P/E ratio of -7,413.04 and a beta of 0.56. The company’s 50 day simple moving average is GBX 366.41 and its 200-day simple moving average is GBX 365.23.

JPMorgan Asia Growth & Income Dividend Announcement

The company also recently disclosed a dividend, which will be paid on Friday, November 22nd. Shareholders of record on Thursday, October 10th will be issued a dividend of GBX 4.20 ($0.05) per share. This represents a yield of 1.12%. The ex-dividend date of this dividend is Thursday, October 10th. JPMorgan Asia Growth & Income’s dividend payout ratio is -32,000.00%.

JPMorgan Asia Growth & Income Company Profile

JPMorgan Asian Investment Trust plc is an open ended equity mutual fund launched and managed by JPMorgan Funds Limited. The fund is co-managed by JPMorgan Asset Management (UK) Limited. It invests in the public equity markets of Asia, excluding Japan. The fund spreads its investments across diversified sectors.