JPMorgan Global Emerg Mkts Inc (JEMI) To Go Ex-Dividend on September 12th

JPMorgan Global Emerg Mkts Inc (LON:JEMI) announced a dividend on Thursday, September 5th, Upcoming.Co.Uk reports. Stockholders of record on Thursday, September 12th will be given a dividend of GBX 2.40 ($0.03) per share on Friday, October 18th. This represents a dividend yield of 1.83%. The ex-dividend date of this dividend is Thursday, September 12th. This is a boost from JPMorgan Global Emerg Mkts’s previous dividend of $1.00. The official announcement can be seen at this link.

JPMorgan Global Emerg Mkts Trading Down 1.2 %

Shares of JEMI opened at GBX 129.17 ($1.69) on Tuesday. The firm has a market cap of £382.21 million and a P/E ratio of -3,229.25. JPMorgan Global Emerg Mkts has a 12 month low of GBX 116 ($1.52) and a 12 month high of GBX 142.50 ($1.86). The stock’s 50 day moving average is GBX 134.01 and its two-hundred day moving average is GBX 133.49.

Insider Activity

In related news, insider Lucy Macdonald purchased 15,000 shares of the business’s stock in a transaction that occurred on Monday, August 5th. The stock was bought at an average price of GBX 126 ($1.65) per share, with a total value of £18,900 ($24,715.57). Insiders own 3.65% of the company’s stock.

About JPMorgan Global Emerg Mkts

JPMorgan Global Emerging Markets Income Trust plc is a closed-ended equity mutual fund launched and managed by JPMorgan Funds Limited. It is co-managed by JPMorgan Asset Management (UK) Limited. The fund invests in the public equity markets of emerging market countries across the globe. It seeks to invest in stocks of companies operating across diversified sectors.