JPMorgan Japanese (LON:JFJ) Stock Price Down 0.8% – Here’s What Happened

JPMorgan Japanese (LON:JFJ) shares fell 0.8% on Monday . The stock traded as low as GBX 559 ($6.99) and last traded at GBX 563.66 ($7.05). 146,341 shares were traded during mid-day trading, a decline of 2% from the average session volume of 149,962 shares. The stock had previously closed at GBX 567.96 ($7.11).

JPMorgan Japanese Stock Down 0.8 %

The company has a quick ratio of 0.35, a current ratio of 0.38 and a debt-to-equity ratio of 12.06. The business has a 50-day simple moving average of GBX 556.98 and a 200-day simple moving average of GBX 546.59. The stock has a market cap of £809.08 million, a P/E ratio of 626.29 and a beta of 0.71.

JPMorgan Japanese Increases Dividend

The business also recently disclosed a dividend, which will be paid on Wednesday, February 12th. Stockholders of record on Tuesday, December 24th will be paid a GBX 6.75 ($0.08) dividend. This is an increase from JPMorgan Japanese’s previous dividend of $6.50. The ex-dividend date of this dividend is Tuesday, December 24th. This represents a dividend yield of 1.18%. JPMorgan Japanese’s dividend payout ratio (DPR) is presently 777.78%.

About JPMorgan Japanese

JPMorgan Japanese Investment Trust plc is a closed-ended equity mutual fund launched and managed by JPMorgan Funds Limited. The fund is co-managed by JPMorgan Asset Management (UK) Limited and JPMorgan Asset Management (Japan) Limited. It invests in the public equity markets of Japan. The fund seeks to invests in stocks of companies operating across diversified sectors.