JPMorgan Japanese (LON:JFJ) Hits New 12-Month High – What’s Next?

JPMorgan Japanese (LON:JFJ)’s stock price hit a new 52-week high during trading on Thursday . The stock traded as high as GBX 595 ($7.37) and last traded at GBX 595 ($7.37), with a volume of 304176 shares changing hands. The stock had previously closed at GBX 590 ($7.31).

JPMorgan Japanese Price Performance

The company has a debt-to-equity ratio of 12.06, a quick ratio of 0.35 and a current ratio of 0.38. The company’s 50 day moving average price is GBX 569.42 and its 200 day moving average price is GBX 550.91. The company has a market cap of £862.68 million, a price-to-earnings ratio of 667.78 and a beta of 0.71.

JPMorgan Japanese (LON:JFJ) last issued its earnings results on Monday, December 16th. The company reported GBX 7.37 ($0.09) EPS for the quarter. JPMorgan Japanese had a net margin of 105.84% and a return on equity of 16.19%.

JPMorgan Japanese Increases Dividend

The business also recently declared a dividend, which will be paid on Wednesday, February 12th. Investors of record on Tuesday, December 24th will be given a dividend of GBX 6.75 ($0.08) per share. This is an increase from JPMorgan Japanese’s previous dividend of $6.50. The ex-dividend date of this dividend is Tuesday, December 24th. This represents a yield of 1.18%. JPMorgan Japanese’s dividend payout ratio is 777.78%.

JPMorgan Japanese Company Profile

Be at the heart of Japan’s new growth
Tap into Japan’s economic transformation and potential for long-term capital growth as a dynamic new generation of companies emerges

Why invest in this Trust?

Expertise – One of the largest and oldest closed-end funds to focus on Japanese equities. Managed by a Tokyo-based team of 25 Japan investment professionals, providing the vital local insights needed to uncover value in an under-researched market.

Portfolio: Invests in innovative Japanese companies from across the market cap spectrum that are leading the world in high-growth industries, including robotics, e-commerce, fintech and computer gaming.
Seeks out high quality companies with strong franchises, balance sheets and cash-flow generation, while fully integrating environmental, social and governance factors into stock selection.

Results- Provides access to a portfolio that is focused only on those high quality Japanese companies that we believe offer the most attractive opportunities for sustainable long-term capital growth.