Jupiter Fund Management PLC (LON:JUP) declared a dividend on Tuesday, February 27th, Upcoming.Co.Uk reports. Investors of record on Thursday, March 8th will be paid a dividend of GBX 25.80 ($0.36) per share on Friday, April 6th. This represents a yield of 5.09%. The ex-dividend date of this dividend is Thursday, March 8th. This is a boost from Jupiter Fund Management’s previous dividend of $6.80. The official announcement can be seen at this link.
LON JUP traded up GBX 1.80 ($0.02) on Thursday, reaching GBX 471.60 ($6.52). The company’s stock had a trading volume of 2,348,529 shares, compared to its average volume of 2,620,000. Jupiter Fund Management has a twelve month low of GBX 416 ($5.75) and a twelve month high of GBX 638.80 ($8.83). The company has a market capitalization of $2,250.00 and a price-to-earnings ratio of 1,387.06.
Jupiter Fund Management (LON:JUP) last posted its quarterly earnings results on Tuesday, February 27th. The company reported GBX 34.20 ($0.47) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of GBX 34.90 ($0.48) by GBX (0.70) (($0.01)). Jupiter Fund Management had a return on equity of 25.18% and a net margin of 34.27%. The company had revenue of £460.20 million during the quarter.
In other news, insider Charlotte Jones sold 22,659 shares of the business’s stock in a transaction dated Wednesday, February 28th. The stock was sold at an average price of GBX 513 ($7.09), for a total transaction of £116,240.67 ($160,597.78). Also, insider Maarten Slendebroek sold 100,000 shares of Jupiter Fund Management stock in a transaction dated Friday, March 16th. The shares were sold at an average price of GBX 490 ($6.77), for a total value of £490,000 ($676,982.59).
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About Jupiter Fund Management
Jupiter Fund Management Plc is a publicly owned investment manager. The firm manages mutual funds, hedge funds, client focused portfolios, and multi-manager products for its clients. It invests in the public equity markets across U.K., Europe and global emerging markets. The firm also invests in fixed income markets, fund of funds products, hedge funds, and absolute return funds.
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