Invesco Asia Trust (LON:IAT) Posts Earnings Results

Invesco Asia Trust (LON:IAT) issued its earnings results on Wednesday. The company reported GBX 5.32 ($0.07) earnings per share for the quarter, Digital Look Earnings reports. Invesco Asia Trust had a net margin of 56.35% and a return on equity of 2.30%.

Invesco Asia Trust Stock Down 0.3 %

Invesco Asia Trust stock traded down GBX 1.01 ($0.01) during midday trading on Friday, reaching GBX 338.99 ($4.19). The company’s stock had a trading volume of 32,944 shares, compared to its average volume of 47,629. The business has a 50-day simple moving average of GBX 340.69 and a 200-day simple moving average of GBX 332.50. The company has a market cap of £219.97 million, a P/E ratio of 4,237.38 and a beta of 0.64. Invesco Asia Trust has a fifty-two week low of GBX 287.88 ($3.56) and a fifty-two week high of GBX 358 ($4.42). The company has a quick ratio of 0.36, a current ratio of 0.11 and a debt-to-equity ratio of 5.32.

Invesco Asia Trust Cuts Dividend

The company also recently announced a dividend, which will be paid on Friday, January 31st. Investors of record on Thursday, January 16th will be paid a dividend of GBX 3.90 ($0.05) per share. The ex-dividend date is Thursday, January 16th. This represents a dividend yield of 1.14%. Invesco Asia Trust’s payout ratio is currently 18,750.00%.

Invesco Asia Trust Company Profile

Managed by Ian Hargreaves and Fiona Yang, the Company’s objective is to provide long-term capital growth and income by investing in a diversified portfolio of Asian and Australasian companies. The Company aims to achieve growth in its Net Asset Value (NAV) in excess of the Benchmark Index, the MSCI AC Asia ex Japan Index (total return, net of withholding tax, in sterling terms).