JPMorgan Global Growth & Income (LON:JGGI) Reaches New 12-Month High – Here’s What Happened

Shares of JPMorgan Global Growth & Income (LON:JGGI) hit a new 52-week high on Wednesday . The stock traded as high as GBX 609 ($7.52) and last traded at GBX 607.28 ($7.50), with a volume of 589401 shares trading hands. The stock had previously closed at GBX 602 ($7.44).

JPMorgan Global Growth & Income Trading Up 0.0 %

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 stock has a market capitalization of £3.01 billion, a P/E ratio of 701.43 and a beta of 0.61. The firm’s 50-day simple moving average is GBX 589.35 and its 200 day simple moving average is GBX 572.06.

JPMorgan Global Growth & Income Dividend Announcement

The company also recently announced a dividend, which was paid on Monday, January 6th. Shareholders of record on Thursday, November 21st were issued a GBX 5.70 ($0.07) dividend. This represents a dividend yield of 0.96%. The ex-dividend date was Thursday, November 21st. JPMorgan Global Growth & Income’s payout ratio is 2,643.68%.

About JPMorgan Global Growth & Income

A distinctive strategy for today’s markets
JPMorgan Global Growth & Income plc provides the best of both worlds. The manager focuses on investing in the best ideas from across the world’s stock market, whilst the Company delivers a predictable quarterly income distribution – set at the beginning of its financial year.

Key points:
Expertise – Tapping into the local proprietary analysis of JPMorgan’s award winning and experienced global research team.
Portfolio – A global best ideas – go anywhere – portfolio, with the manager focused on identifying companies that will provide the best total returns.
Results – Provides the best of both worlds – predictable quarterly income and long-term growth from the best global ideas.