JPMorgan American (JAM) to Issue Dividend of GBX 8.25 on May 30th

JPMorgan American (LON:JAM) announced a dividend on Thursday, April 3rd, DividendData.Co.Uk reports. Shareholders of record on Thursday, April 17th will be given a dividend of GBX 8.25 ($0.11) per share on Friday, May 30th. This represents a yield of 0.88%. The ex-dividend date is Thursday, April 17th. This is a 200.0% increase from JPMorgan American’s previous dividend of $2.75. The official announcement can be accessed at this link.

JPMorgan American Stock Down 4.0 %

LON:JAM opened at GBX 903 ($11.65) on Friday. The firm has a 50-day moving average price of GBX 1,069.25 and a 200 day moving average price of GBX 1,078.74. The firm has a market capitalization of £1.64 billion, a PE ratio of 3.91 and a beta of 0.65. JPMorgan American has a 12-month low of GBX 875.71 ($11.30) and a 12-month high of GBX 1,198 ($15.45).

JPMorgan American (LON:JAM) last announced its quarterly earnings results on Thursday, April 3rd. The company reported GBX 10.59 ($0.14) EPS for the quarter. JPMorgan American had a return on equity of 24.87% and a net margin of 97.58%.

About JPMorgan American

A local knows the best route
JPMorgan American Investment Trust plc aims to generate attractive long-term returns from the world’s largest stock market by focusing on high quality companies that are also reasonably priced.

Key points:
Expertise – Our flagship US investment trust, managed by locally based specialist investors to provide core portfolio exposure to North American equities.
Portfolio – Managed for growth by focusing on quality companies that are reasonably priced.
Results – Broadly diversified across the S&P 500 index, with a focus on large cap stocks.

Why invest in this trust
The JPMorgan American Investment Trust plc is a large, actively managed investment trust investing in the core US stock market.