JPMorgan Global Emerg Mkts (LON:JEMI) Hits New 1-Year High – Here’s Why

Posted by Andrew Walz on Feb 8th, 2025

JPMorgan Global Emerg Mkts Inc (LON:JEMI – Get Free Report) reached a new 52-week high on Thursday . The stock traded as high as GBX 86.40 ($1.07) and last traded at GBX 134.50 ($1.67), with a volume of 289330 shares trading hands. The stock had previously closed at GBX 134 ($1.66).

JPMorgan Global Emerg Mkts Stock Performance

The stock has a market capitalization of £397.99 million and a PE ratio of -3,362.50. The stock has a 50 day moving average price of GBX 133.81 and a 200-day moving average price of GBX 133.59.

JPMorgan Global Emerg Mkts Cuts Dividend

The company also recently announced a dividend, which was paid on Friday, January 24th. Shareholders of record on Thursday, December 12th were given a GBX 1 ($0.01) dividend. The ex-dividend date was Thursday, December 12th. This represents a yield of 0.76%. JPMorgan Global Emerg Mkts’s payout ratio is -12,500.00%.

Insider Buying and Selling at JPMorgan Global Emerg Mkts

In other JPMorgan Global Emerg Mkts news, insider Mark Edwards purchased 10,000 shares of the company’s stock in a transaction dated Friday, December 13th. The shares were acquired at an average price of GBX 133 ($1.65) per share, for a total transaction of £13,300 ($16,499.19). Corporate insiders own 3.65% of the company’s stock.

About JPMorgan Global Emerg Mkts

(Get Free Report)

JPMorgan Global Emerging Markets Income Investment Trust plc provides a diversified income-oriented way to tap into the growth potential of global emerging markets.

Key points:

Expertise – Extensive network of country and sector specialists from one of the longest established emerging market teams in the industry.
Portfolio – Focused on finding sustainable businesses that have good dividend growth prospects.
Results – Provides a lower risk way to access emerging markets, by investing in stable companies with regular income and good governance structures.

Why invest in this trust

The trust primarily seeks a dividend yield which is higher than the average emerging market company but also growth companies in this exciting equity sector.