JP Morgan Asian Investment Trust Plc (JAI) Plans Dividend Increase – GBX 3.80 Per Share
JP Morgan Asian Investment Trust Plc (LON:JAI) declared a dividend on Monday, October 2nd, Upcoming.Co.Uk reports. Shareholders of record on Thursday, October 12th will be paid a dividend of GBX 3.80 ($0.05) per share on Tuesday, November 7th. This represents a yield of 1.05%. The ex-dividend date of this dividend is Thursday, October 12th. This is a boost from JP Morgan Asian Investment Trust Plc’s previous dividend of $3.60. The official announcement can be seen at this link.
Shares of JP Morgan Asian Investment Trust Plc (LON JAI) traded down 0.38% during trading on Wednesday, reaching GBX 361.25. 13 shares of the company’s stock traded hands. The company’s 50-day moving average is GBX 3.89 and its 200 day moving average is GBX 3.61. JP Morgan Asian Investment Trust Plc has a 52-week low of GBX 261.30 and a 52-week high of GBX 361.25.
Separately, Beaufort Securities restated a “long term buy” rating on shares of JP Morgan Asian Investment Trust Plc in a report on Thursday, August 10th.
In other news, insider Ronald Gould bought 130 shares of the firm’s stock in a transaction that occurred on Tuesday, August 8th. The shares were bought at an average cost of GBX 352 ($4.63) per share, with a total value of £457.60 ($601.63). Over the last ninety days, insiders purchased 238 shares of company stock worth $83,119.
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JP Morgan Asian Investment Trust Plc Company Profile
JPMorgan Asian Investment Trust plc is a United Kingdom-based investment trust company. The Company’s objective is to provide capital growth, primarily from investing in equities quoted on the stock markets of Asia, excluding Japan. The Company also has the ability to use gearing up to a level of 20% of net assets.
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