JPMorgan Global Growth & Income (LON:JGGI) Stock Price Up 0.4%

Shares of JPMorgan Global Growth & Income plc (LON:JGGI) rose 0.4% during mid-day trading on Tuesday . The stock traded as high as GBX 473 ($5.97) and last traded at GBX 472 ($5.96). Approximately 539,761 shares were traded during trading, a decline of 19% from the average daily volume of 668,674 shares. The stock had previously closed at GBX 470 ($5.94).

JPMorgan Global Growth & Income Stock Performance

The company has a market cap of £1.87 billion, a PE ratio of -1,151.22 and a beta of 0.68. The company has a debt-to-equity ratio of 8.08, a quick ratio of 5.88 and a current ratio of 14.03. The company’s 50 day moving average price is GBX 468.42 and its 200-day moving average price is GBX 461.57.

JPMorgan Global Growth & Income Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Friday, October 6th. Investors of record on Thursday, August 31st will be paid a GBX 4.61 ($0.06) dividend. This represents a yield of 0.98%. This is a positive change from JPMorgan Global Growth & Income’s previous dividend of $4.25. The ex-dividend date is Thursday, August 31st. JPMorgan Global Growth & Income’s payout ratio is currently -4,390.24%.

About JPMorgan Global Growth & Income

JPMorgan Global Growth & Income plc is a closed-ended equity mutual fund launched and managed by JPMorgan Funds Limited. The fund invests in public equity markets across the globe. It seeks to invest in stocks of companies operating across diversified sectors. The fund primarily invests in growth stocks of companies across all market capitalizations, with a bias towards large cap companies.