JPMorgan China Growth & Income (LON:JCGI) Trading 1.2% Higher

Shares of JPMorgan China Growth & Income plc (LON:JCGI) were up 1.2% during trading on Tuesday . The company traded as high as GBX 214.50 ($2.65) and last traded at GBX 213 ($2.63). Approximately 176,225 shares changed hands during mid-day trading, a decline of 14% from the average daily volume of 205,909 shares. The stock had previously closed at GBX 210.50 ($2.60).

JPMorgan China Growth & Income Stock Performance

The company has a quick ratio of 11.22, a current ratio of 0.16 and a debt-to-equity ratio of 17.49. The stock has a 50 day simple moving average of GBX 210.02 and a 200 day simple moving average of GBX 216.75. The company has a market capitalization of £177.22 million, a price-to-earnings ratio of -3,550.00 and a beta of 0.60.

JPMorgan China Growth & Income Dividend Announcement

The firm also recently declared a dividend, which will be paid on Monday, June 3rd. Stockholders of record on Thursday, April 18th will be issued a dividend of GBX 2.76 ($0.03) per share. The ex-dividend date is Thursday, April 18th. This represents a dividend yield of 1.31%. JPMorgan China Growth & Income’s dividend payout ratio (DPR) is presently -18,333.33%.

About JPMorgan China Growth & Income

JPMorgan China Growth & Income plc is a close-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 the Greater China region. The fund seeks to invest in stocks of companies operating across diversified sectors.