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

JPMorgan Global Emerg Mkts Inc (LON:JEMI) insider Mark Edwards bought 10,000 shares of the firm’s stock in a transaction dated Friday, December 13th. The shares were acquired at an average cost of GBX 133 ($1.68) per share, with a total value of £13,300 ($16,792.93).

JPMorgan Global Emerg Mkts Stock Performance

JPMorgan Global Emerg Mkts Inc has a 1 year low of GBX 120 ($1.52) and a 1 year high of GBX 142.50 ($1.80). The firm’s fifty day moving average is GBX 134.19 and its 200-day moving average is GBX 133.88. The company has a market capitalization of £395.03 million and a price-to-earnings ratio of -3,337.50.

JPMorgan Global Emerg Mkts Cuts Dividend

The business also recently announced a dividend, which will be paid on Friday, January 24th. Stockholders of record on Thursday, December 12th will be given a dividend of GBX 1 ($0.01) per share. This represents a dividend 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%.

About JPMorgan Global Emerg Mkts

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.