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

Invesco Asia Trust (LON:IAT) issued its quarterly 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 return on equity of 2.30% and a net margin of 56.35%.

Invesco Asia Trust Trading Down 0.6 %

LON:IAT traded down GBX 2 ($0.02) during mid-day trading 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. Invesco Asia Trust has a fifty-two week low of GBX 287.88 ($3.56) and a fifty-two week high of GBX 358 ($4.42). The business’s fifty day moving average is GBX 340.69 and its two-hundred day moving average is GBX 332.50. The company has a debt-to-equity ratio of 5.32, a quick ratio of 0.36 and a current ratio of 0.11. The firm has a market cap of £219.33 million, a P/E ratio of 4,225.00 and a beta of 0.64.

Invesco Asia Trust Cuts Dividend

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

Invesco Asia Trust Company Profile

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).