JPMorgan Asia Growth & Income (LON:JAGI) Stock Price Down 2%

JPMorgan Asia Growth & Income plc (LON:JAGI – Get Rating)’s stock price was down 2% during mid-day trading on Thursday . The company traded as low as GBX 369.45 ($4.44) and last traded at GBX 370 ($4.45). Approximately 251,518 shares traded hands during mid-day trading, an increase of 110% from the average daily volume of 119,719 shares. The stock had previously closed at GBX 377.50 ($4.54).

JPMorgan Asia Growth & Income Stock Performance

The firm’s 50 day moving average price is GBX 383.96 and its two-hundred day moving average price is GBX 359.42. The company has a market cap of £350.43 million, a P/E ratio of -506.85 and a beta of 0.66.

JPMorgan Asia Growth & Income Increases Dividend

The company also recently declared a dividend, which was paid on Friday, February 17th. Stockholders of record on Thursday, January 12th were given a dividend of GBX 4 ($0.05) per share. This represents a dividend yield of 1.06%. The ex-dividend date of this dividend was Thursday, January 12th. This is a boost from JPMorgan Asia Growth & Income’s previous dividend of $3.70. JPMorgan Asia Growth & Income’s dividend payout ratio is currently -2,191.78%.

About JPMorgan Asia Growth & Income

(Get Rating)

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.