JPMorgan China Growth & Income plc (LON:JCGI - Get Free Report) insider Nicholas Bannerman purchased 5,000 shares of the company's stock in a transaction dated Monday, April 14th. The shares were acquired at an average price of GBX 223 ($2.94) per share, for a total transaction of £11,150 ($14,702.00).
Nicholas Bannerman also recently made the following trade(s):
- On Friday, January 24th, Nicholas Bannerman bought 5,000 shares of JPMorgan China Growth & Income stock. The stock was bought at an average price of GBX 223 ($2.94) per share, with a total value of £11,150 ($14,702.00).
JPMorgan China Growth & Income Price Performance
Shares of JCGI opened at GBX 224 ($2.95) on Tuesday. The company's fifty day moving average price is GBX 251.18 and its 200-day moving average price is GBX 236.32. JPMorgan China Growth & Income plc has a 1-year low of GBX 182 ($2.40) and a 1-year high of GBX 287 ($3.78). The firm has a market capitalization of £187.14 million, a PE ratio of 29.63 and a beta of 0.47.
JPMorgan China Growth & Income Announces Dividend
The company also recently declared a dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Thursday, April 10th will be paid a dividend of GBX 2.73 ($0.04) per share. The ex-dividend date of this dividend is Thursday, April 10th. This represents a yield of 1.12%. JPMorgan China Growth & Income's payout ratio is presently 145.51%.
About JPMorgan China Growth & Income
(
Get Free Report)
Strategic thinking for Chinese markets
JPMorgan China Growth & Income plc aims to provide the best of both worlds. The Manager focuses on investing in Chinese companies listed on domestic exchanges and companies in Greater China by focusing on the growth of “New China” – companies and sectors that are capitalising on the transition of the country to a more consumer-driven economy – whilst the Company aims to deliver a predictable quarterly income distribution – announced at the start of each financial year.
Key points
Expertise - Strong focus on research capabilities, with investment teams based in Hong Kong, Taiwan and mainland China.
Portfolio - Focuses on companies benefiting from the transition of China to a consumer-driven economy.
Results - Benefits from the economic transformation and evolving role of China as a global economic superpower while aiming to deliver a predictable quarterly income.
Why invest in this trust
The first investment trust to focus purely on the greater China region, the JPMorgan China Growth & Income plc capitalises on our extensive local knowledge and experience to find attractive opportunities in China, Taiwan and Hong Kong.
Further Reading
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