Invesco Asia Trust (LON:IAT) Announces Quarterly Earnings Results

Invesco Asia Trust (LON:IAT) issued its quarterly earnings data on Wednesday. The company reported GBX 5.32 ($0.07) earnings per share (EPS) for the quarter, Digital Look Earnings reports. Invesco Asia Trust had a net margin of 56.35% and a return on equity of 2.30%.

Invesco Asia Trust Price Performance

Shares of LON:IAT traded down GBX 2 ($0.02) during midday trading on Friday, reaching GBX 338 ($4.17). The company’s stock had a trading volume of 21,740 shares, compared to its average volume of 46,970. The business’s fifty day simple moving average is GBX 340.69 and its 200-day simple moving average is GBX 332.50. The company has a market capitalization of £219.33 million, a P/E ratio of 4,225.00 and a beta of 0.64. The company has a debt-to-equity ratio of 5.32, a current ratio of 0.11 and a quick ratio of 0.36. Invesco Asia Trust has a fifty-two week low of GBX 287.88 ($3.56) and a fifty-two week high of GBX 358 ($4.42).

Invesco Asia Trust Cuts Dividend

The business also recently disclosed a dividend, which will be paid on Friday, January 31st. Stockholders of record on Thursday, January 16th will be paid a GBX 3.90 ($0.05) dividend. The ex-dividend date of this dividend is Thursday, January 16th. This represents a dividend yield of 1.14%. Invesco Asia Trust’s dividend payout ratio is currently 18,750.00%.

Invesco Asia Trust Company Profile

Managed by Ian Hargreaves and Fiona Yang, the Company’s objective is to provide long-term capital growth and income by investing in a diversified portfolio of Asian and Australasian companies. The Company aims to achieve growth in its Net Asset Value (NAV) in excess of the Benchmark Index, the MSCI AC Asia ex Japan Index (total return, net of withholding tax, in sterling terms).