JPMorgan American (JAM) to Issue Dividend of GBX 5.25 on May 31st

JPMorgan American (LON:JAM) announced a dividend on Wednesday, March 27th, Upcoming.Co.Uk reports. Investors of record on Thursday, April 18th will be given a dividend of GBX 5.25 ($0.07) per share on Friday, May 31st. This represents a yield of 0.53%. The ex-dividend date is Thursday, April 18th. This is a positive change from JPMorgan American’s previous dividend of $2.50. The official announcement can be accessed at this link.

JPMorgan American Price Performance

Shares of LON:JAM opened at GBX 986 ($12.46) on Friday. The company’s fifty day moving average price is GBX 931.84 and its 200-day moving average price is GBX 855.46. JPMorgan American has a one year low of GBX 690 ($8.72) and a one year high of GBX 990 ($12.51). The company has a debt-to-equity ratio of 7.34, a current ratio of 1.14 and a quick ratio of 1.45. The firm has a market capitalization of £1.80 billion, a price-to-earnings ratio of 995.96 and a beta of 0.68.

JPMorgan American Company Profile

JPMorgan American Investment Trust plc is a close-ended equity mutual fund launched and managed by JPMorgan Funds Limited. It is co-managed by JPMorgan Asset Management (UK) Limited. The fund invests in public equity markets of the United States. It seeks to invest in stocks of companies operating across diversified sectors.