JPMorgan Global Emerg Mkts Inc (LON:JEMI) Insider Acquires £18,900 in Stock

JPMorgan Global Emerg Mkts Inc (LON:JEMI) insider Lucy Macdonald acquired 15,000 shares of the business’s stock in a transaction on Monday, August 5th. The shares were bought at an average cost of GBX 126 ($1.61) per share, with a total value of £18,900 ($24,153.35).

JPMorgan Global Emerg Mkts Stock Performance

JEMI traded up GBX 1 ($0.01) during trading on Tuesday, reaching GBX 127.50 ($1.63). 541,615 shares of the company traded hands, compared to its average volume of 468,003. JPMorgan Global Emerg Mkts Inc has a 12-month low of GBX 116 ($1.48) and a 12-month high of GBX 142.50 ($1.82). The firm has a fifty day simple moving average of GBX 134.86 and a 200 day simple moving average of GBX 132.40. The company has a market cap of £377.27 million and a P/E ratio of -3,150.25.

JPMorgan Global Emerg Mkts Announces Dividend

The company also recently announced a dividend, which was paid on Friday, July 26th. Stockholders of record on Thursday, June 27th were given a dividend of GBX 1 ($0.01) per share. The ex-dividend date of this dividend was Thursday, June 27th. This represents a dividend yield of 0.73%. JPMorgan Global Emerg Mkts’s dividend payout ratio is currently -12,500.00%.

About JPMorgan Global Emerg Mkts

JPMorgan Global Emerging Markets Income Trust plc is a closed-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 the public equity markets of emerging market countries across the globe. It seeks to invest in stocks of companies operating across diversified sectors.