Invesco Asia Trust (LON:IAT) Announces Quarterly Earnings Results

Invesco Asia Trust (LON:IAT) posted its earnings results on Wednesday. The company reported GBX 5.32 ($0.07) EPS for the quarter, Digital Look Earnings reports. Invesco Asia Trust had a return on equity of 2.30% and a net margin of 56.35%.

Invesco Asia Trust Price Performance

Shares of LON IAT opened at GBX 340 ($4.20) on Friday. The company has a current ratio of 0.11, a quick ratio of 0.36 and a debt-to-equity ratio of 5.32. The company’s 50-day moving average price is GBX 340.69 and its 200 day moving average price is GBX 332.50. Invesco Asia Trust has a 52 week low of GBX 287.88 ($3.56) and a 52 week high of GBX 358 ($4.42). The stock has a market cap of £220.63 million, a price-to-earnings ratio of 4,250.00 and a beta of 0.64.

Invesco Asia Trust Cuts Dividend

The company also recently declared a dividend, which will be paid on Friday, January 31st. Stockholders of record on Thursday, January 16th will be paid a dividend of GBX 3.90 ($0.05) per share. This represents a dividend yield of 1.14%. The ex-dividend date of this dividend is Thursday, January 16th. Invesco Asia Trust’s dividend payout ratio (DPR) is presently 18,750.00%.

Invesco Asia Trust Company Profile

Managed by Ian Hargreaves and Fiona Yang, the Company’s objective is to provide long-term capital growth and income by investing in a diversified portfolio of Asian and Australasian companies. The Company aims to achieve growth in its Net Asset Value (NAV) in excess of the Benchmark Index, the MSCI AC Asia ex Japan Index (total return, net of withholding tax, in sterling terms).