JPMorgan Asia Growth & Income (LON:JAGI) Trading 0.8% Higher – Here’s Why

JPMorgan Asia Growth & Income plc (LON:JAGI)’s stock price rose 0.8% during mid-day trading on Tuesday . The stock traded as high as GBX 372 ($4.83) and last traded at GBX 372 ($4.83). Approximately 326,742 shares were traded during trading, an increase of 42% from the average daily volume of 230,136 shares. The stock had previously closed at GBX 369 ($4.79).

JPMorgan Asia Growth & Income Stock Up 0.8 %

The company has a 50-day moving average price of GBX 361.05 and a two-hundred day moving average price of GBX 363.19. The company has a market capitalization of £301.28 million, a PE ratio of -7,440.00 and a beta of 0.56.

JPMorgan Asia Growth & Income Announces Dividend

The company also recently declared a dividend, which will be paid on Friday, November 22nd. Stockholders of record on Thursday, October 10th will be issued a GBX 4.20 ($0.05) dividend. This represents a dividend yield of 1.12%. The ex-dividend date is Thursday, October 10th. JPMorgan Asia Growth & Income’s payout ratio is -32,000.00%.

About JPMorgan Asia Growth & Income

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.