JPMorgan China Growth & Income plc (LON:JCGI) Insider Nicholas Bannerman Buys 5,000 Shares

JPMorgan China Growth & Income plc (LON:JCGI - Get Free Report) insider Nicholas Bannerman acquired 5,000 shares of the stock in a transaction on Monday, April 14th. The shares were bought at an average price of GBX 223 ($2.97) per share, with a total value of £11,150 ($14,825.16).

Nicholas Bannerman also recently made the following trade(s):

• On Friday, January 24th, Nicholas Bannerman bought 5,000 shares of JPMorgan China Growth & Income stock. The stock was purchased at an average price of GBX 223 ($2.97) per share, for a total transaction of £11,150 ($14,825.16).

JPMorgan China Growth & Income Price Performance

LON JCGI traded down GBX 4 ($0.05) during mid-day trading on Friday, reaching GBX 215 ($2.86). The stock had a trading volume of 79,318 shares, compared to its average volume of 264,521. The stock has a market cap of £179.62 million, a PE ratio of 28.44 and a beta of 0.47. The company has a fifty day moving average price of GBX 249.72 and a 200 day moving average price of GBX 236. JPMorgan China Growth & Income plc has a 1 year low of GBX 182 ($2.42) and a 1 year high of GBX 287 ($3.82).

JPMorgan China Growth & Income Dividend Announcement

The firm also recently disclosed a dividend, which was paid on Tuesday, April 15th. Investors of record on Thursday, April 10th were issued a GBX 2.73 ($0.04) dividend. The ex-dividend date was Thursday, April 10th. This represents a yield of 1.12%. JPMorgan China Growth & Income's payout ratio is 145.51%.

JPMorgan China Growth & Income Company Profile

Strategic thinking for Chinese markets JPMorgan China Growth & Income plc aims to provide the best of both worlds. The Manager focuses on investing in Chinese companies listed on domestic exchanges and companies in Greater China by focusing on the growth of “New China” – companies and sectors that are capitalising on the transition of the country to a more consumer-driven economy – whilst the Company aims to deliver a predictable quarterly income distribution – announced at the start of each financial year. Key points Expertise - Strong focus on research capabilities, with investment teams based in Hong Kong, Taiwan and mainland China. Portfolio - Focuses on companies benefiting from the transition of China to a consumer-driven economy. Results - Benefits from the economic transformation and evolving role of China as a global economic superpower while aiming to deliver a predictable quarterly income. Why invest in this trust The first investment trust to focus purely on the greater China region, the JPMorgan China Growth & Income plc capitalises on our extensive local knowledge and experience to find attractive opportunities in China, Taiwan and Hong Kong.