JPMorgan Global Emerg Mkts Inc (LON:JEMI) Insider Mark Edwards Purchases 10,000 Shares of Stock

JPMorgan Global Emerg Mkts Inc (LON:JEMI) insider Mark Edwards bought 10,000 shares of the firm’s stock in a transaction that occurred on Friday, December 13th. The shares were purchased at an average cost of GBX 133 ($1.68) per share, for a total transaction of £13,300 ($16,786.57).

JPMorgan Global Emerg Mkts Stock Performance

The business’s 50-day moving average price is GBX 134.19 and its 200-day moving average price is GBX 133.88. JPMorgan Global Emerg Mkts Inc has a 12 month low of GBX 120 ($1.51) and a 12 month high of GBX 142.50 ($1.80). The firm has a market cap of £395.03 million and a price-to-earnings ratio of -3,337.50.

JPMorgan Global Emerg Mkts Cuts Dividend

The company also recently announced a dividend, which will be paid on Friday, January 24th. Investors of record on Thursday, December 12th will be paid a dividend of GBX 1 ($0.01) per share. This represents a yield of 0.76%. The ex-dividend date is Thursday, December 12th. JPMorgan Global Emerg Mkts’s payout ratio is -12,500.00%.

About JPMorgan Global Emerg Mkts

JPMorgan Global Emerging Markets Income Trust plc is a closed-ended equity mutual fund launched and managed by JPMorgan Funds Limited. It is co-managed by JPMorgan Asset Management (UK) Limited. The fund invests in the public equity markets of emerging market countries across the globe. It seeks to invest in stocks of companies operating across diversified sectors.