JPMorgan Japanese (LON:JFJ) Hits New 12-Month High – Here’s Why

JPMorgan Japanese (LON:JFJ)’s share price reached a new 52-week high during trading on Thursday . The stock traded as high as GBX 618.63 ($7.78) and last traded at GBX 618 ($7.78), with a volume of 980096 shares changing hands. The stock had previously closed at GBX 617 ($7.76).

JPMorgan Japanese Stock Performance

The company has a market cap of £1.02 billion, a P/E ratio of 5.22 and a beta of 0.71. The stock has a 50-day simple moving average of GBX 577.88 and a 200 day simple moving average of GBX 556.41.

JPMorgan Japanese (LON:JFJ) last posted its quarterly earnings results on Monday, December 16th. The company reported GBX 7.37 ($0.09) earnings per share for the quarter. JPMorgan Japanese had a net margin of 98.31% and a return on equity of 19.70%.

JPMorgan Japanese Increases Dividend

The firm also recently declared a dividend, which was paid on Wednesday, February 12th. Shareholders of record on Tuesday, December 24th were paid a dividend of GBX 6.75 ($0.08) per share. This is a boost from JPMorgan Japanese’s previous dividend of $6.50. The ex-dividend date of this dividend was Tuesday, December 24th. This represents a yield of 1.18%. JPMorgan Japanese’s dividend payout ratio (DPR) is currently 5.91%.

JPMorgan Japanese Company Profile

Be at the heart of Japan’s new growth
Tap into Japan’s economic transformation and potential for long-term capital growth as a dynamic new generation of companies emerges

Why invest in this Trust?

Expertise – One of the largest and oldest closed-end funds to focus on Japanese equities. Managed by a Tokyo-based team of 25 Japan investment professionals, providing the vital local insights needed to uncover value in an under-researched market.

Portfolio: Invests in innovative Japanese companies from across the market cap spectrum that are leading the world in high-growth industries, including robotics, e-commerce, fintech and computer gaming.
Seeks out high quality companies with strong franchises, balance sheets and cash-flow generation, while fully integrating environmental, social and governance factors into stock selection.

Results- Provides access to a portfolio that is focused only on those high quality Japanese companies that we believe offer the most attractive opportunities for sustainable long-term capital growth.