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

JPMorgan Global Emerg Mkts Inc (LON:JEMI) insider Mark Edwards purchased 10,000 shares of the business’s stock in a transaction on Friday, December 13th. The stock was acquired at an average cost of GBX 133 ($1.69) per share, with a total value of £13,300 ($16,858.92).

JPMorgan Global Emerg Mkts Trading Up 0.4 %

JEMI stock traded up GBX 0.50 ($0.01) during mid-day trading on Friday, reaching GBX 133.50 ($1.69). 197,254 shares of the stock traded hands, compared to its average volume of 510,158. JPMorgan Global Emerg Mkts Inc has a 52-week low of GBX 120 ($1.52) and a 52-week high of GBX 142.50 ($1.81). The company has a market cap of £395.03 million and a P/E ratio of -3,325.00. The stock’s fifty day moving average is GBX 134.25 and its 200-day moving average is GBX 133.90.

JPMorgan Global Emerg Mkts Cuts Dividend

The company also recently disclosed a dividend, which will be paid on Friday, January 24th. Shareholders of record on Thursday, December 12th will be paid a dividend of GBX 1 ($0.01) per share. This represents a yield of 0.76%. The ex-dividend date of this dividend is Thursday, December 12th. JPMorgan Global Emerg Mkts’s dividend payout ratio is presently -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.