Insider Buying: JPMorgan Global Emerg Mkts Inc (LON:JEMI) Insider Purchases 10,000 Shares of Stock

JPMorgan Global Emerg Mkts Inc (LON:JEMI) insider Mark Edwards purchased 10,000 shares of JPMorgan Global Emerg Mkts stock in a transaction on Friday, December 13th. The stock was bought at an average cost of GBX 133 ($1.68) per share, for a total transaction of £13,300 ($16,786.57).

JPMorgan Global Emerg Mkts Price Performance

The firm has a market cap of £395.03 million and a price-to-earnings ratio of -3,337.50. The firm has a 50-day moving average of GBX 134.19 and a 200-day moving average of GBX 133.88. JPMorgan Global Emerg Mkts Inc has a 12-month low of GBX 120 ($1.51) and a 12-month high of GBX 142.50 ($1.80).

JPMorgan Global Emerg Mkts Cuts Dividend

The business also recently declared a dividend, which will be paid on Friday, January 24th. Shareholders of record on Thursday, December 12th will be given a GBX 1 ($0.01) dividend. This represents a yield of 0.76%. The ex-dividend date of this dividend is Thursday, December 12th. JPMorgan Global Emerg Mkts’s dividend payout ratio is currently -12,500.00%.

JPMorgan Global Emerg Mkts Company Profile

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.