JPMorgan China Growth & Income (LON:JCGI) Shares Up 1.2%

Shares of JPMorgan China Growth & Income plc (LON:JCGI) shot up 1.2% on Tuesday . The company traded as high as GBX 214.50 ($2.65) and last traded at GBX 213 ($2.63). 176,225 shares were traded during mid-day trading, a decline of 14% from the average session volume of 205,909 shares. The stock had previously closed at GBX 210.50 ($2.60).

JPMorgan China Growth & Income Stock Performance

The company has a debt-to-equity ratio of 17.49, a quick ratio of 11.22 and a current ratio of 0.16. The stock’s fifty day moving average is GBX 210.54 and its two-hundred day moving average is GBX 216.77. The firm has a market cap of £181.38 million, a price-to-earnings ratio of -3,633.33 and a beta of 0.60.

JPMorgan China Growth & Income Announces Dividend

The company also recently disclosed a dividend, which will be paid on Monday, June 3rd. Investors of record on Thursday, April 18th will be issued a GBX 2.76 ($0.03) dividend. The ex-dividend date of this dividend is Thursday, April 18th. This represents a dividend yield of 1.31%. JPMorgan China Growth & Income’s dividend payout ratio (DPR) is presently -18,333.33%.

JPMorgan China Growth & Income Company Profile

JPMorgan China Growth & Income plc is a close-ended equity mutual fund launched and managed by JPMorgan Funds Limited. The fund is co-managed by JPMorgan Asset Management (UK) Limited. It invests in the public equity markets of the Greater China region. The fund seeks to invest in stocks of companies operating across diversified sectors.