JPMorgan Claverhouse (LON:JCH) Hits New 1-Year High – Time to Buy?

JPMorgan Claverhouse (LON:JCH) shares reached a new 52-week high during mid-day trading on Tuesday . The stock traded as high as GBX 748 ($9.48) and last traded at GBX 748 ($9.48), with a volume of 116386 shares. The stock had previously closed at GBX 746 ($9.45).

JPMorgan Claverhouse Trading Down 0.3 %

The company has a 50 day moving average of GBX 715.69 and a 200-day moving average of GBX 713.68. The company has a debt-to-equity ratio of 11.85, a quick ratio of 67.67 and a current ratio of 0.71. The stock has a market cap of £408.03 million, a price-to-earnings ratio of 7.06 and a beta of 0.83.

JPMorgan Claverhouse Increases Dividend

The company also recently announced a dividend, which will be paid on Monday, March 3rd. Investors of record on Thursday, January 30th will be paid a dividend of GBX 10.65 ($0.13) per share. This is a positive change from JPMorgan Claverhouse’s previous dividend of $8.25. The ex-dividend date of this dividend is Thursday, January 30th. This represents a yield of 1.47%. JPMorgan Claverhouse’s dividend payout ratio is presently 33.69%.

JPMorgan Claverhouse Company Profile

Great British dividends

The JPMorgan Claverhouse Investment Trust has been helping investors tap directly into the long-term growth potential of UK large cap stocks since 1963. The trust focuses on attractively valued, high quality stocks with the ability to generate consistent and growing dividends.

Key points

Expertise
• Managed by an investment team with long-standing UK equity experience, backed by the extensive resources of J.P.