Insider Buying: JPMorgan China Growth & Income plc (LON:JCGI) Insider Buys 5,000 Shares of Stock

JPMorgan China Growth & Income plc (LON:JCGI) insider Nicholas Bannerman acquired 5,000 shares of the stock in a transaction dated Friday, January 24th. The stock was purchased at an average cost of GBX 223 ($2.77) per share, with a total value of £11,150 ($13,873.34).

JPMorgan China Growth & Income Trading Up 1.1 %

Shares of LON JCGI opened at GBX 227.50 ($2.83) on Tuesday. The stock has a market cap of £189.28 million, a P/E ratio of -197.83 and a beta of 0.47. The firm has a 50 day moving average price of GBX 222.55 and a two-hundred day moving average price of GBX 216.15. The company has a debt-to-equity ratio of 4.74, a quick ratio of 11.22 and a current ratio of 2.19. JPMorgan China Growth & Income plc has a 52-week low of GBX 182 ($2.26) and a 52-week high of GBX 281 ($3.50).

JPMorgan China Growth & Income (LON:JCGI) last released its earnings results on Monday, December 9th. The company reported GBX 3.39 ($0.04) earnings per share for the quarter.

JPMorgan China Growth & Income Announces Dividend

The company also recently disclosed a dividend, which will be paid on Monday, March 3rd. Shareholders of record on Thursday, January 16th will be paid a GBX 2.73 ($0.03) dividend. The ex-dividend date of this dividend is Thursday, January 16th. This represents a yield of 1.27%. JPMorgan China Growth & Income’s dividend payout ratio (DPR) is presently -956.52%.

About JPMorgan China Growth & Income

Strategic thinking for Chinese markets
JPMorgan China Growth & Income plc aims to provide the best of both worlds. The Manager focuses on investing in Chinese companies listed on domestic exchanges and companies in Greater China by focusing on the growth of “New China” – companies and sectors that are capitalising on the transition of the country to a more consumer-driven economy – whilst the Company aims to deliver a predictable quarterly income distribution – announced at the start of each financial year.
Key points

Expertise – Strong focus on research capabilities, with investment teams based in Hong Kong, Taiwan and mainland China.
Portfolio – Focuses on companies benefiting from the transition of China to a consumer-driven economy.
Results – Benefits from the economic transformation and evolving role of China as a global economic superpower while aiming to deliver a predictable quarterly income.

Why invest in this trust
The first investment trust to focus purely on the greater China region, the JPMorgan China Growth & Income plc capitalises on our extensive local knowledge and experience to find attractive opportunities in China, Taiwan and Hong Kong.