JPMorgan Claverhouse (LON:JCH) Sets New 52-Week High – Here’s What Happened

JPMorgan Claverhouse (LON:JCH)’s share price hit a new 52-week high during trading on Wednesday . The company traded as high as GBX 754 ($9.78) and last traded at GBX 752 ($9.75), with a volume of 60446 shares changing hands. The stock had previously closed at GBX 748 ($9.70).

JPMorgan Claverhouse Stock Performance

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 company has a market capitalization of £411.37 million, a price-to-earnings ratio of 7.12 and a beta of 0.83. The firm has a 50-day simple moving average of GBX 728.90 and a two-hundred day simple moving average of GBX 714.76.

JPMorgan Claverhouse (LON:JCH) last announced its earnings results on Friday, March 21st. The investment trust reported GBX 30.15 ($0.39) earnings per share for the quarter. JPMorgan Claverhouse had a net margin of 92.61% and a return on equity of 14.30%.

JPMorgan Claverhouse Increases Dividend

The business also recently announced a dividend, which was paid on Monday, March 3rd. Investors of record on Thursday, January 30th were issued a GBX 10.65 ($0.14) dividend. The ex-dividend date of this dividend was Thursday, January 30th. This is a positive change from JPMorgan Claverhouse’s previous dividend of $8.25. This represents a yield of 1.47%. JPMorgan Claverhouse’s dividend payout ratio (DPR) is 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.