Insider Buying: JPMorgan Global Emerg Mkts Inc (LON:JEMI) Insider Buys 10,000 Shares of Stock

JPMorgan Global Emerg Mkts Inc (LON:JEMI) insider Mark Edwards bought 10,000 shares of JPMorgan Global Emerg Mkts stock in a transaction dated Friday, December 13th. The shares were bought at an average price of GBX 133 ($1.68) per share, for a total transaction of £13,300 ($16,786.57).

JPMorgan Global Emerg Mkts Stock Performance

The company has a market capitalization of £395.03 million and a PE ratio of -3,337.50. The stock’s fifty day moving average price is GBX 134.19 and its two-hundred day moving average price is GBX 133.88. JPMorgan Global Emerg Mkts Inc has a 52-week low of GBX 120 ($1.51) and a 52-week high of GBX 142.50 ($1.80).

JPMorgan Global Emerg Mkts Cuts Dividend

The company also recently announced a dividend, which will be paid on Friday, January 24th. Shareholders of record on Thursday, December 12th will be issued a dividend of GBX 1 ($0.01) per share. This represents a yield of 0.76%. The ex-dividend date is Thursday, December 12th. JPMorgan Global Emerg Mkts’s dividend payout ratio (DPR) is presently -12,500.00%.

JPMorgan Global Emerg Mkts Company Profile

JPMorgan Global Emerging Markets Income Trust plc is a closed-ended equity mutual fund launched and managed by JPMorgan Funds Limited. It is co-managed by JPMorgan Asset Management (UK) Limited. The fund invests in the public equity markets of emerging market countries across the globe. It seeks to invest in stocks of companies operating across diversified sectors.