JPMorgan China Growth & Income (LON:JCGI) Reaches New 1-Year High After Dividend Announcement

JPMorgan China Growth & Income plc (LON:JCGIGet Free Report) shares reached a new 52-week high during trading on Wednesday following a dividend announcement from the company. The stock traded as high as GBX 264 ($3.53) and last traded at GBX 256 ($3.42), with a volume of 956965 shares traded. The stock had previously closed at GBX 240.50 ($3.22).

The newly announced dividend which will be paid on Monday, December 2nd. Investors of record on Thursday, October 17th will be paid a GBX 2.73 ($0.04) dividend. This represents a yield of 1.14%. The ex-dividend date is Thursday, October 17th. JPMorgan China Growth & Income’s dividend payout ratio (DPR) is presently -956.52%.

JPMorgan China Growth & Income Stock Up 1.6 %

The company has a debt-to-equity ratio of 4.74, a quick ratio of 11.22 and a current ratio of 2.19. The firm has a fifty day simple moving average of GBX 199.07 and a 200-day simple moving average of GBX 214.80. The firm has a market cap of £216.32 million, a price-to-earnings ratio of -226.09 and a beta of 0.47.

About JPMorgan China Growth & Income

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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.

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