JPMorgan Global Growth & Income (LON:JGGI) to Issue Dividend of GBX 5.70

JPMorgan Global Growth & Income (LON:JGGI) announced a dividend on Tuesday, July 2nd, Upcoming.Co.Uk reports. Shareholders of record on Thursday, August 29th will be given a dividend of GBX 5.70 ($0.08) per share on Monday, October 7th. This represents a dividend yield of 0.99%. The ex-dividend date is Thursday, August 29th. This is an increase from JPMorgan Global Growth & Income’s previous dividend of $4.61. The official announcement can be viewed at this link.

JPMorgan Global Growth & Income Stock Performance

Shares of LON:JGGI traded up GBX 0.80 ($0.01) during midday trading on Wednesday, reaching GBX 564.80 ($7.45). 1,373,007 shares of the company traded hands, compared to its average volume of 1,148,714. JPMorgan Global Growth & Income has a 12 month low of GBX 457 ($6.03) and a 12 month high of GBX 585 ($7.71). The firm’s fifty day moving average price is GBX 567.56 and its two-hundred day moving average price is GBX 556.19. The company has a quick ratio of 5.88, a current ratio of 30.12 and a debt-to-equity ratio of 6.71. The firm has a market capitalization of £2.69 billion, a price-to-earnings ratio of 648.47 and a beta of 0.64.

About JPMorgan Global Growth & Income

JPMorgan Global Growth & Income plc is a closed-ended equity mutual fund launched and managed by JPMorgan Funds Limited. The fund invests in public equity markets across the globe. It seeks to invest in stocks of companies operating across diversified sectors. The fund primarily invests in growth stocks of companies across all market capitalizations, with a bias towards large cap companies.