JPMorgan American Investment Trust PLC (LON:JAM) shares hit a new 52-week high during trading on Thursday . The stock traded as high as GBX 455.50 ($5.95) and last traded at GBX 457 ($5.97), with a volume of 193644 shares. The stock had previously closed at GBX 447 ($5.84).
The stock has a market capitalization of $987.38 million and a P/E ratio of 255.28. The company has a quick ratio of 17.97, a current ratio of 17.97 and a debt-to-equity ratio of 0.06.
The company also recently announced a dividend, which was paid on Tuesday, May 14th. Stockholders of record on Thursday, April 11th were given a GBX 4 ($0.05) dividend. This is a positive change from JPMorgan American Investment Trust’s previous dividend of $2.50. The ex-dividend date was Thursday, April 11th. This represents a dividend yield of 0.94%. JPMorgan American Investment Trust’s dividend payout ratio (DPR) is presently 3.89%.
In other news, insider Alan Collins bought 2,271 shares of the firm’s stock in a transaction dated Friday, March 22nd. The stock was bought at an average price of GBX 437 ($5.71) per share, for a total transaction of £9,924.27 ($12,967.82).
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About JPMorgan American Investment Trust (LON:JAM)
JPMorgan American Investment Trust plc is a United Kingdom-based investment trust. The Company’s objective is to achieve capital growth from North American investments by outperformance of the Company’s benchmark, which is the S&P 500 Index. The Company invests in North American quoted companies, including exposure to smaller capitalization stocks.
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