JPMorgan Japanese (LON:JFJ) Sets New 1-Year High – What’s Next?

JPMorgan Japanese (LON:JFJ) shares hit a new 52-week high on Friday . The company traded as high as GBX 605 ($7.52) and last traded at GBX 602.78 ($7.50), with a volume of 213629 shares trading hands. The stock had previously closed at GBX 604 ($7.51).

JPMorgan Japanese Price Performance

The stock has a market capitalization of £861.38 million, a P/E ratio of 666.78 and a beta of 0.71. The company has a debt-to-equity ratio of 12.06, a quick ratio of 0.35 and a current ratio of 0.38. The firm has a fifty day moving average price of GBX 572.51 and a two-hundred day moving average price of GBX 552.05.

JPMorgan Japanese (LON:JFJ) last posted its quarterly earnings data on Monday, December 16th. The company reported GBX 7.37 ($0.09) EPS for the quarter. JPMorgan Japanese had a return on equity of 16.19% and a net margin of 105.84%.

JPMorgan Japanese Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Wednesday, February 12th. Investors of record on Tuesday, December 24th will be issued 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

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.