JPMorgan Smaller Companies Investment Trust (LON:JMI) announced a dividend on Tuesday, October 12th, Upcoming.Co.Uk reports. Shareholders of record on Thursday, October 28th will be given a dividend of GBX 5.70 ($0.07) per share by the investment trust on Monday, December 6th. This represents a yield of 1.49%. The ex-dividend date of this dividend is Thursday, October 28th. This is a positive change from JPMorgan Smaller Companies Investment Trust’s previous dividend of $5.50. The official announcement can be accessed at this link.
JMI opened at GBX 396.11 ($5.18) on Thursday. The stock has a market capitalization of £309.17 million and a P/E ratio of 13.03. JPMorgan Smaller Companies Investment Trust has a one year low of GBX 260 ($3.40) and a one year high of GBX 478.38 ($6.25). The business’s 50-day simple moving average is GBX 433.91 and its 200-day simple moving average is GBX 409.14. The company has a debt-to-equity ratio of 11.55, a quick ratio of 0.15 and a current ratio of 0.15.
In other JPMorgan Smaller Companies Investment Trust news, insider Gordon Humphries acquired 3,000 shares of the stock in a transaction on Friday, July 30th. The shares were bought at an average price of GBX 408 ($5.33) per share, with a total value of £12,240 ($15,991.64).
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.
Read More: Strike Price
Receive News & Ratings for JPMorgan Smaller Companies Investment Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for JPMorgan Smaller Companies Investment Trust and related companies with MarketBeat.com's FREE daily email newsletter.