JPMorgan Japanese (LON:JFJ) Hits New 1-Year High – Still a Buy?

JPMorgan Japanese (LON:JFJ) reached a new 52-week high on Friday . The company traded as high as GBX 607 ($7.63) and last traded at GBX 604 ($7.59), with a volume of 168325 shares. The stock had previously closed at GBX 603 ($7.58).

JPMorgan Japanese Price Performance

The company has a market cap of £991.76 million, a price-to-earnings ratio of 5.10 and a beta of 0.71. The company’s 50-day simple moving average is GBX 575 and its 200-day simple moving average is GBX 554.24.

JPMorgan Japanese (LON:JFJ) last released its quarterly earnings results on Monday, December 16th. The company reported GBX 7.37 ($0.09) earnings per share for the quarter. JPMorgan Japanese had a net margin of 98.31% and a return on equity of 19.70%.

JPMorgan Japanese Increases Dividend

The firm also recently announced a dividend, which was paid on Wednesday, February 12th. Stockholders of record on Tuesday, December 24th were given a dividend of GBX 6.75 ($0.08) per share. This represents a dividend yield of 1.18%. This is a positive change from JPMorgan Japanese’s previous dividend of $6.50. The ex-dividend date was Tuesday, December 24th. JPMorgan Japanese’s payout ratio is presently 5.91%.

JPMorgan Japanese Company Profile

Be at the heart of Japan’s new growth
Tap into Japan’s economic transformation and potential for long-term capital growth as a dynamic new generation of companies emerges

Why invest in this Trust?

Expertise – One of the largest and oldest closed-end funds to focus on Japanese equities. Managed by a Tokyo-based team of 25 Japan investment professionals, providing the vital local insights needed to uncover value in an under-researched market.

Portfolio: Invests in innovative Japanese companies from across the market cap spectrum that are leading the world in high-growth industries, including robotics, e-commerce, fintech and computer gaming.
Seeks out high quality companies with strong franchises, balance sheets and cash-flow generation, while fully integrating environmental, social and governance factors into stock selection.

Results- Provides access to a portfolio that is focused only on those high quality Japanese companies that we believe offer the most attractive opportunities for sustainable long-term capital growth.