JPMorgan Smaller Cos Inv Trust PLC (LON:JMI) declared a dividend on Wednesday, October 18th, Upcoming.Co.Uk reports. Investors of record on Thursday, November 9th will be paid a dividend of GBX 23 ($0.30) per share by the investment trust on Friday, December 8th. This represents a dividend yield of 2.2%. The ex-dividend date of this dividend is Thursday, November 9th. This is a boost from JPMorgan Smaller Cos Inv Trust PLC’s previous dividend of $18.30. The official announcement can be seen at this link.

JPMorgan Smaller Cos Inv Trust PLC (JMI) opened at GBX 10.60 ($0.14) on Friday.

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In related news, insider Michael F. Quicke bought 3,733 shares of JPMorgan Smaller Cos Inv Trust PLC stock in a transaction dated Monday, October 23rd. The stock was acquired at an average cost of GBX 1,045 ($13.79) per share, with a total value of £39,009.85 ($51,477.76). Also, insider Ivo Coulson sold 2,060 shares of the company’s stock in a transaction on Tuesday, August 8th. The shares were sold at an average price of GBX 973 ($12.84), for a total value of £20,043.80 ($26,449.99).

JPMorgan Smaller Cos Inv Trust PLC Company Profile

JPMorgan Smaller Companies Investment Trust plc is a United Kingdom-based investment company. The Company’s objective is to provide capital growth from investing in the United Kingdom smaller companies by outperformance of the Financial Times Stock Exchange (FTSE) Small Cap Index. The Company will predominantly invest in quoted the United Kingdom small companies from the FTSE Small Cap Index, although where appropriate, it may invest in similar sized the United Kingdom companies listed on the Alternative Investment Market, which is the London Stock Exchange market for smaller, growing companies.

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