Invesco Asia Trust (LON:IAT) Releases Quarterly Earnings Results

Invesco Asia Trust (LON:IAT) released its earnings results on Wednesday. The company reported GBX 5.32 ($0.07) EPS for the quarter, Digital Look Earnings reports. Invesco Asia Trust had a net margin of 56.35% and a return on equity of 2.30%.

Invesco Asia Trust Stock Up 1.7 %

LON:IAT traded up GBX 5.80 ($0.07) during trading hours on Friday, hitting GBX 345.80 ($4.27). The stock had a trading volume of 26,400 shares, compared to its average volume of 47,244. The company has a current ratio of 0.11, a quick ratio of 0.36 and a debt-to-equity ratio of 5.32. The company has a market cap of £224.39 million, a PE ratio of 4,322.50 and a beta of 0.64. The business has a 50 day simple moving average of GBX 340.69 and a two-hundred day simple moving average of GBX 332.50. Invesco Asia Trust has a 1-year low of GBX 287.88 ($3.56) and a 1-year high of GBX 358 ($4.42).

Invesco Asia Trust Cuts Dividend

The business also recently declared a dividend, which will be paid on Friday, January 31st. Investors of record on Thursday, January 16th will be given a dividend of GBX 3.90 ($0.05) per share. This represents a yield of 1.14%. The ex-dividend date is Thursday, January 16th. Invesco Asia Trust’s dividend payout ratio (DPR) is presently 18,750.00%.

Invesco Asia Trust Company Profile

Managed by Ian Hargreaves and Fiona Yang, the Company’s objective is to provide long-term capital growth and income by investing in a diversified portfolio of Asian and Australasian companies. The Company aims to achieve growth in its Net Asset Value (NAV) in excess of the Benchmark Index, the MSCI AC Asia ex Japan Index (total return, net of withholding tax, in sterling terms).