JPMorgan Emerging Markets (LON:JMG) Insider Zoe Clements Acquires 35,000 Shares

JPMorgan Emerging Markets (LON:JMG) insider Zoe Clements purchased 35,000 shares of JPMorgan Emerging Markets stock in a transaction on Wednesday, November 1st. The stock was bought at an average cost of GBX 97 ($1.18) per share, for a total transaction of £33,950 ($41,311.75).

JPMorgan Emerging Markets Price Performance

JMG stock opened at GBX 98 ($1.19) on Thursday. The company has a fifty day moving average price of GBX 102.54 and a 200 day moving average price of GBX 103.88. JPMorgan Emerging Markets has a 12 month low of GBX 94.10 ($1.15) and a 12 month high of GBX 120.45 ($1.47). The company has a market cap of £1.13 billion, a price-to-earnings ratio of -557.78 and a beta of 0.63.

JPMorgan Emerging Markets Increases Dividend

The company also recently disclosed a dividend, which will be paid on Friday, November 10th. Shareholders of record on Thursday, October 5th will be paid a GBX 1.07 ($0.01) dividend. This is a boost from JPMorgan Emerging Markets’s previous dividend of $0.58. This represents a yield of 1.04%. The ex-dividend date of this dividend is Thursday, October 5th.

About JPMorgan Emerging Markets

JPMorgan Emerging Markets Investment Trust plc is a closed 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 public equity markets across global emerging markets. The fund seeks to invest in stocks of companies operating across diversified sectors.