JPMorgan Asia Growth & Income (LON:JAGI) Trading Up 0.6%

JPMorgan Asia Growth & Income plc (LON:JAGI) shares traded up 0.6% during mid-day trading on Tuesday . The company traded as high as GBX 353 ($4.36) and last traded at GBX 352 ($4.35). 250,801 shares traded hands during trading, an increase of 19% from the average session volume of 211,000 shares. The stock had previously closed at GBX 350 ($4.32).

JPMorgan Asia Growth & Income Price Performance

The company has a market cap of £317.61 million, a price-to-earnings ratio of -35,200.00 and a beta of 0.62. The business’s 50-day simple moving average is GBX 345.58 and its 200-day simple moving average is GBX 336.91.

JPMorgan Asia Growth & Income Increases Dividend

The company also recently disclosed a dividend, which will be paid on Friday, May 24th. Stockholders of record on Thursday, April 11th will be given a GBX 3.90 ($0.05) dividend. This represents a dividend yield of 1.1%. The ex-dividend date is Thursday, April 11th. This is a positive change from JPMorgan Asia Growth & Income’s previous dividend of $3.70. JPMorgan Asia Growth & Income’s payout ratio is currently -160,000.00%.

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.