JPMorgan Global Growth & Income (LON:JGGI) Reaches New 1-Year High at $579.00

JPMorgan Global Growth & Income (LON:JGGI)’s stock price hit a new 52-week high during mid-day trading on Thursday . The stock traded as high as GBX 579 ($7.34) and last traded at GBX 577.38 ($7.32), with a volume of 666182 shares traded. The stock had previously closed at GBX 577 ($7.32).

JPMorgan Global Growth & Income Trading Up 0.1 %

The business has a 50-day moving average of GBX 554.94 and a 200-day moving average of GBX 537.22. The company has a quick ratio of 5.88, a current ratio of 30.12 and a debt-to-equity ratio of 6.71. The stock has a market cap of £2.75 billion, a price-to-earnings ratio of 663.22 and a beta of 0.64.

JPMorgan Global Growth & Income Announces Dividend

The company also recently declared a dividend, which will be paid on Wednesday, July 3rd. Stockholders of record on Thursday, May 30th will be issued a dividend of GBX 4.61 ($0.06) per share. The ex-dividend date of this dividend is Thursday, May 30th. This represents a dividend yield of 0.85%. JPMorgan Global Growth & Income’s dividend payout ratio is 2,068.97%.

JPMorgan Global Growth & Income Company Profile

JPMorgan Global Growth & Income plc is a closed-ended equity mutual fund launched and managed by JPMorgan Funds Limited. The fund invests in public equity markets across the globe. It seeks to invest in stocks of companies operating across diversified sectors. The fund primarily invests in growth stocks of companies across all market capitalizations, with a bias towards large cap companies.