JPMorgan European Growth & Income (LON:JEGI) Trading Up 0.5%

JPMorgan European Growth & Income (LON:JEGI)’s share price was up 0.5% during mid-day trading on Thursday . The company traded as high as GBX 105 ($1.36) and last traded at GBX 104.50 ($1.35). Approximately 401,475 shares were traded during trading, a decline of 20% from the average daily volume of 504,969 shares. The stock had previously closed at GBX 104 ($1.35).

JPMorgan European Growth & Income Price Performance

The company has a debt-to-equity ratio of 9.73, a quick ratio of 20.49 and a current ratio of 60.68. The firm has a market capitalization of £451.15 million, a P/E ratio of 583.33 and a beta of 0.87. The business has a fifty day moving average of GBX 106.14 and a 200-day moving average of GBX 103.25.

JPMorgan European Growth & Income Increases Dividend

The business also recently declared a dividend, which was paid on Friday, July 5th. Shareholders of record on Thursday, May 30th were given a dividend of GBX 1.20 ($0.02) per share. This represents a dividend yield of 1.11%. This is an increase from JPMorgan European Growth & Income’s previous dividend of $1.05. The ex-dividend date of this dividend was Thursday, May 30th. JPMorgan European Growth & Income’s payout ratio is 2,222.22%.

JPMorgan European Growth & Income Company Profile

JPMorgan European Growth & Income plc – Ordinary Shares is an open-ended equity mutual fund launched and managed by JPMorgan Funds Limited. The fund is co-managed by JPMorgan Asset Management (UK) Limited. It invests in the public equity markets in Europe. The fund primarily invests its portfolio in the financial sector.