JPMorgan China Growth & Income plc (LON:JCGI) Insider Purchases £19,691.25 in Stock

JPMorgan China Growth & Income plc (LON:JCGI) insider Alexandra Mackesy purchased 7,375 shares of the firm’s stock in a transaction on Monday, February 24th. The stock was bought at an average price of GBX 267 ($3.37) per share, for a total transaction of £19,691.25 ($24,818.82).

JPMorgan China Growth & Income Stock Down 0.2 %

JCGI stock opened at GBX 264.50 ($3.33) on Friday. The company has a market cap of £220.98 million, a price-to-earnings ratio of 34.99 and a beta of 0.47. The business has a fifty day simple moving average of GBX 232.86 and a 200-day simple moving average of GBX 222.62. JPMorgan China Growth & Income plc has a 52 week low of GBX 182 ($2.29) and a 52 week high of GBX 281 ($3.54).

JPMorgan China Growth & Income (LON:JCGI) last announced its quarterly earnings results on Monday, December 9th. The company reported GBX 3.39 ($0.04) EPS for the quarter. JPMorgan China Growth & Income had a return on equity of 2.99% and a net margin of 72.25%.

JPMorgan China Growth & Income Dividend Announcement

The firm also recently declared a dividend, which will be paid on Monday, March 3rd. Investors of record on Thursday, January 16th will be issued a GBX 2.73 ($0.03) dividend. The ex-dividend date is Thursday, January 16th. This represents a yield of 1.27%. JPMorgan China Growth & Income’s payout ratio is 145.51%.

JPMorgan China Growth & Income Company Profile

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.