JPMorgan Asia Growth & Income (LON:JAGI) Shares Up 1.4%

JPMorgan Asia Growth & Income plc (LON:JAGI)’s stock price traded up 1.4% on Friday . The company traded as high as GBX 373 ($4.99) and last traded at GBX 372 ($4.98). 345,624 shares traded hands during mid-day trading, an increase of 55% from the average session volume of 223,675 shares. The stock had previously closed at GBX 367 ($4.91).

JPMorgan Asia Growth & Income Stock Performance

The company has a market cap of £301.28 million, a P/E ratio of -7,440.00 and a beta of 0.56. The firm has a 50 day moving average price of GBX 354.68 and a 200-day moving average price of GBX 359.61.

JPMorgan Asia Growth & Income Increases Dividend

The business also recently announced a dividend, which was paid on Thursday, August 22nd. Shareholders of record on Thursday, July 11th were given a dividend of GBX 4.20 ($0.06) per share. The ex-dividend date was Thursday, July 11th. This represents a yield of 1.12%. This is a boost from JPMorgan Asia Growth & Income’s previous dividend of $3.90. JPMorgan Asia Growth & Income’s dividend payout ratio is presently -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.