Invesco Asia Trust plc (LON:IAT) to Issue Dividend Increase – GBX 7.80 Per Share

Invesco Asia Trust plc (LON:IAT) announced a dividend on Monday, October 7th, Upcoming.Co.Uk reports. Stockholders of record on Thursday, November 7th will be paid a dividend of GBX 7.80 ($0.10) per share on Friday, November 29th. This represents a dividend yield of 2.18%. The ex-dividend date of this dividend is Thursday, November 7th. This is a boost from Invesco Asia Trust’s previous dividend of $6.90. The official announcement can be seen at this link.

Invesco Asia Trust Stock Performance

IAT traded up GBX 8 ($0.10) during mid-day trading on Monday, reaching GBX 358 ($4.69). 34,716 shares of the company traded hands, compared to its average volume of 78,466. The company’s fifty day moving average price is GBX 321.70 and its 200-day moving average price is GBX 320.49. The stock has a market capitalization of £234.74 million, a P/E ratio of 4,475.00 and a beta of 0.65. The company has a quick ratio of 0.36, a current ratio of 0.11 and a debt-to-equity ratio of 5.32. Invesco Asia Trust has a 52-week low of GBX 283 ($3.70) and a 52-week high of GBX 358 ($4.69).

Invesco Asia Trust Company Profile

Invesco Asia Trust plc is a closed-ended equity mutual fund launched and managed by Invesco Fund Managers Limited. It is co-managed by INVESCO Asset Management Limited. The fund invests in the public equity markets of Asia and Australia. It seeks to invest in stocks of companies operating across diversified sectors.