JPMorgan Global Growth & Income (LON:JGGI) Increases Dividend to GBX 5.70 Per Share

JPMorgan Global Growth & Income (LON:JGGI) announced a dividend on Tuesday, July 2nd, Upcoming.Co.Uk reports. Stockholders of record on Thursday, August 29th will be paid a dividend of GBX 5.70 ($0.07) per share on Monday, October 7th. This represents a dividend yield of 0.99%. The ex-dividend date of this dividend is Thursday, August 29th. This is a boost from JPMorgan Global Growth & Income’s previous dividend of $4.61. The official announcement can be seen at this link.

JPMorgan Global Growth & Income Stock Performance

Shares of JGGI stock opened at GBX 575 ($7.27) on Tuesday. The company has a market cap of £2.74 billion, a P/E ratio of 658.62 and a beta of 0.64. The firm has a fifty day moving average price of GBX 557.38 and a 200 day moving average price of GBX 539.53. The company has a current ratio of 30.12, a quick ratio of 5.88 and a debt-to-equity ratio of 6.71. JPMorgan Global Growth & Income has a 12 month low of GBX 454.50 ($5.75) and a 12 month high of GBX 580 ($7.34).

About JPMorgan Global Growth & Income

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.