Invesco Asia Trust (LON:IAT) Releases Quarterly Earnings Results

Invesco Asia Trust (LON:IAT) issued its earnings results on Wednesday. The company reported GBX 5.32 ($0.07) earnings per share (EPS) for the quarter, Digital Look Earnings reports. Invesco Asia Trust had a net margin of 56.35% and a return on equity of 2.30%.

Invesco Asia Trust Stock Performance

Shares of LON:IAT traded down GBX 2 ($0.02) on Friday, hitting GBX 338 ($4.17). The company had a trading volume of 21,740 shares, compared to its average volume of 46,970. The stock has a 50 day moving average price of GBX 340.69 and a 200 day moving average price of GBX 332.50. The company has a current ratio of 0.11, a quick ratio of 0.36 and a debt-to-equity ratio of 5.32. The stock has a market cap of £219.33 million, a price-to-earnings ratio of 4,225.00 and a beta of 0.64. Invesco Asia Trust has a 1-year low of GBX 287.88 ($3.56) and a 1-year high of GBX 358 ($4.42).

Invesco Asia Trust Cuts Dividend

The firm also recently declared a dividend, which will be paid on Friday, January 31st. Shareholders of record on Thursday, January 16th will be issued a dividend of GBX 3.90 ($0.05) per share. This represents a yield of 1.14%. The ex-dividend date is Thursday, January 16th. Invesco Asia Trust’s dividend payout ratio is 18,750.00%.

About Invesco Asia Trust

Managed by Ian Hargreaves and Fiona Yang, the Company’s objective is to provide long-term capital growth and income by investing in a diversified portfolio of Asian and Australasian companies. The Company aims to achieve growth in its Net Asset Value (NAV) in excess of the Benchmark Index, the MSCI AC Asia ex Japan Index (total return, net of withholding tax, in sterling terms).