JPMorgan American (LON:JAM - Get Free Report) posted its quarterly earnings data on Thursday. The company reported GBX 10.59 ($0.13) earnings per share for the quarter, Digital Look Earnings reports. JPMorgan American had a net margin of 97.58% and a return on equity of 24.87%.
JPMorgan American Price Performance
Shares of LON:JAM traded up GBX 52 ($0.66) during trading hours on Tuesday, hitting GBX 921 ($11.72). 4,719,467 shares of the company's stock traded hands, compared to its average volume of 533,379. The firm has a market capitalization of £1.67 billion, a P/E ratio of 3.99 and a beta of 0.65. The business has a fifty day moving average price of GBX 1,063.67 and a 200-day moving average price of GBX 1,078.70. JPMorgan American has a 1 year low of GBX 827 ($10.53) and a 1 year high of GBX 1,198 ($15.25).
JPMorgan American Increases Dividend
The company also recently disclosed a dividend, which will be paid on Friday, May 30th. Investors of record on Thursday, April 17th will be given a GBX 8.25 ($0.11) dividend. This is a positive change from JPMorgan American's previous dividend of $2.75. This represents a yield of 0.88%. The ex-dividend date is Thursday, April 17th. JPMorgan American's dividend payout ratio is 3.47%.
JPMorgan American Company Profile
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A local knows the best route
JPMorgan American Investment Trust plc aims to generate attractive long-term returns from the world's largest stock market by focusing on high quality companies that are also reasonably priced.
Key points:
Expertise - Our flagship US investment trust, managed by locally based specialist investors to provide core portfolio exposure to North American equities.
Portfolio - Managed for growth by focusing on quality companies that are reasonably priced.
Results - Broadly diversified across the S&P 500 index, with a focus on large cap stocks.
Why invest in this trust
The JPMorgan American Investment Trust plc is a large, actively managed investment trust investing in the core US stock market.
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