JPMorgan Claverhouse (LON:JCH) Stock Crosses Above 50 Day Moving Average - Here's What Happened

JPMorgan Claverhouse (LON:JCH - Get Free Report) passed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of GBX 722.36 ($9.34) and traded as high as GBX 738 ($9.54). JPMorgan Claverhouse shares last traded at GBX 734 ($9.49), with a volume of 49,264 shares traded.

JPMorgan Claverhouse Price Performance

The firm has a market capitalization of £403.58 million, a P/E ratio of 6.99 and a beta of 0.83. The company has a debt-to-equity ratio of 11.85, a quick ratio of 67.67 and a current ratio of 0.71. The business has a fifty day moving average of GBX 723.72 and a 200-day moving average of GBX 714.43.

JPMorgan Claverhouse Increases Dividend

The business also recently declared a dividend, which was paid on Monday, March 3rd. Shareholders of record on Thursday, January 30th were given a dividend of GBX 10.65 ($0.14) per share. This represents a dividend yield of 1.47%. This is an increase from JPMorgan Claverhouse's previous dividend of $8.25. The ex-dividend date of this dividend was Thursday, January 30th. JPMorgan Claverhouse's payout ratio is 33.69%.

JPMorgan Claverhouse Company Profile

Great British dividends The JPMorgan Claverhouse Investment Trust has been helping investors tap directly into the long-term growth potential of UK large cap stocks since 1963. The trust focuses on attractively valued, high quality stocks with the ability to generate consistent and growing dividends. Key points Expertise • Managed by an investment team with long-standing UK equity experience, backed by the extensive resources of J.P.