JPMorgan Emerging Markets (LON:JMG – Get Free Report) shares passed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of GBX 108.37 ($1.41) and traded as high as GBX 110 ($1.43). JPMorgan Emerging Markets shares last traded at GBX 110 ($1.43), with a volume of 2,225,619 shares traded.
JPMorgan Emerging Markets Price Performance
The firm has a market capitalization of £1.21 billion, a P/E ratio of 5,500.00 and a beta of 0.62. The stock’s 50-day simple moving average is GBX 108.37 and its two-hundred day simple moving average is GBX 107.
JPMorgan Emerging Markets Increases Dividend
The company also recently declared a dividend, which will be paid on Friday, November 15th. Shareholders of record on Thursday, October 10th will be given a GBX 1.30 ($0.02) dividend. This is a positive change from JPMorgan Emerging Markets’s previous dividend of $0.60. This represents a dividend yield of 1.2%. The ex-dividend date of this dividend is Thursday, October 10th. JPMorgan Emerging Markets’s dividend payout ratio is presently 10,000.00%.
JPMorgan Emerging Markets Company Profile
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.
Further Reading
- Five stocks we like better than JPMorgan Emerging Markets
- Why Special Dividends Can be a Delightful Surprise for Income Investors
- Real Estate Sector Outperforms: 3 Stocks to Gain Exposure
- Retail Stocks Investing, Explained
- Lam Research Proves Analysts Wrong with a Strong Earnings Report
- Natural Gas Prices Continue To Rally, These Stocks Should Benefit
- PureCycle: Up 250% in 2024 – Is This Materials Stock Still a Buy?
Receive News & Ratings for JPMorgan Emerging Markets Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for JPMorgan Emerging Markets and related companies with MarketBeat.com's FREE daily email newsletter.