JPMorgan Global Growth & Income (LON:JGGI) to Issue Dividend Increase – GBX 5.70 Per Share

JPMorgan Global Growth & Income (LON:JGGI) declared a dividend on Tuesday, July 2nd, Upcoming.Co.Uk reports. Shareholders of record on Thursday, August 29th will be given a dividend of GBX 5.70 ($0.07) per share on Monday, October 7th. This represents a yield of 0.99%. The ex-dividend date is Thursday, August 29th. This is a positive change from JPMorgan Global Growth & Income’s previous dividend of $4.61. The official announcement can be accessed at this link.

JPMorgan Global Growth & Income Trading Up 0.3 %

Shares of LON JGGI opened at GBX 575 ($7.27) on Tuesday. The firm has a 50-day moving average of GBX 557.38 and a 200 day moving average of GBX 539.53. JPMorgan Global Growth & Income has a 1 year low of GBX 454.50 ($5.75) and a 1 year high of GBX 580 ($7.34). The stock has a market cap of £2.74 billion, a P/E ratio of 658.62 and a beta of 0.64. The company has a debt-to-equity ratio of 6.71, a current ratio of 30.12 and a quick ratio of 5.88.

About JPMorgan Global Growth & Income

JPMorgan Global Growth & Income plc is a closed-ended equity mutual fund launched and managed by JPMorgan Funds Limited. The fund invests in public equity markets across the globe. It seeks to invest in stocks of companies operating across diversified sectors. The fund primarily invests in growth stocks of companies across all market capitalizations, with a bias towards large cap companies.