JPMorgan Japanese (LON:JFJ) Sets New 12-Month High – Still a Buy?

JPMorgan Japanese (LON:JFJ)’s stock price hit a new 52-week high during trading on Friday . The company traded as high as GBX 607 ($7.64) and last traded at GBX 604 ($7.60), with a volume of 168325 shares changing hands. The stock had previously closed at GBX 603 ($7.59).

JPMorgan Japanese Price Performance

The stock’s 50-day moving average is GBX 575.44 and its 200 day moving average is GBX 554.83. The stock has a market cap of £988.74 million, a price-to-earnings ratio of 5.08 and a beta of 0.71.

JPMorgan Japanese (LON:JFJ) last posted its quarterly earnings data on Monday, December 16th. The company reported GBX 7.37 ($0.09) earnings per share for the quarter. JPMorgan Japanese had a net margin of 98.31% and a return on equity of 19.70%.

JPMorgan Japanese Increases Dividend

The business also recently declared a dividend, which was paid on Wednesday, February 12th. Stockholders of record on Tuesday, December 24th were given a dividend of GBX 6.75 ($0.08) per share. This is a boost from JPMorgan Japanese’s previous dividend of $6.50. The ex-dividend date was Tuesday, December 24th. This represents a dividend yield of 1.18%. JPMorgan Japanese’s dividend payout ratio (DPR) is presently 5.91%.

About JPMorgan Japanese

Be at the heart of Japan’s new growth
Tap into Japan’s economic transformation and potential for long-term capital growth as a dynamic new generation of companies emerges

Why invest in this Trust?

Expertise – One of the largest and oldest closed-end funds to focus on Japanese equities. Managed by a Tokyo-based team of 25 Japan investment professionals, providing the vital local insights needed to uncover value in an under-researched market.

Portfolio: Invests in innovative Japanese companies from across the market cap spectrum that are leading the world in high-growth industries, including robotics, e-commerce, fintech and computer gaming.
Seeks out high quality companies with strong franchises, balance sheets and cash-flow generation, while fully integrating environmental, social and governance factors into stock selection.

Results- Provides access to a portfolio that is focused only on those high quality Japanese companies that we believe offer the most attractive opportunities for sustainable long-term capital growth.