JPMorgan Global Emerg Mkts (LON:JEMI) Sets New 52-Week High – Here’s Why

Posted by Jay Halladay on Feb 17th, 2025

Shares of JPMorgan Global Emerg Mkts Inc (LON:JEMI – Get Free Report) hit a new 52-week high during mid-day trading on Monday . The company traded as high as GBX 87 ($1.09) and last traded at GBX 138 ($1.74), with a volume of 335475 shares traded. The stock had previously closed at GBX 135.50 ($1.70).

JPMorgan Global Emerg Mkts Stock Performance

The company has a market cap of £383.99 million and a PE ratio of 15.61. The stock has a 50 day moving average of GBX 134.21 and a 200-day moving average of GBX 133.59.

JPMorgan Global Emerg Mkts Cuts Dividend

The company also recently announced a dividend, which was paid on Friday, January 24th. Investors of record on Thursday, December 12th were paid a GBX 1 ($0.01) dividend. The ex-dividend date of this dividend was Thursday, December 12th. This represents a yield of 0.76%. JPMorgan Global Emerg Mkts’s dividend payout ratio (DPR) is 56.58%.

Insiders Place Their Bets

In related news, insider Mark Edwards purchased 10,000 shares of the business’s stock in a transaction on Friday, December 13th. The shares were bought at an average cost of GBX 133 ($1.67) per share, with a total value of £13,300 ($16,731.66). 3.65% of the stock is owned by insiders.

About JPMorgan Global Emerg Mkts

(Get Free Report)

JPMorgan Global Emerging Markets Income Investment Trust plc provides a diversified income-oriented way to tap into the growth potential of global emerging markets.

Key points:

Expertise – Extensive network of country and sector specialists from one of the longest established emerging market teams in the industry.
Portfolio – Focused on finding sustainable businesses that have good dividend growth prospects.
Results – Provides a lower risk way to access emerging markets, by investing in stable companies with regular income and good governance structures.

Why invest in this trust

The trust primarily seeks a dividend yield which is higher than the average emerging market company but also growth companies in this exciting equity sector.