JPMorgan Claverhouse (LON:JCH) Reaches New 1-Year High – Still a Buy?

JPMorgan Claverhouse (LON:JCH) hit a new 52-week high on Wednesday . The company traded as high as GBX 754 ($9.80) and last traded at GBX 752 ($9.78), with a volume of 60446 shares trading hands. The stock had previously closed at GBX 748 ($9.72).

JPMorgan Claverhouse Stock Performance

The company has a debt-to-equity ratio of 11.85, a quick ratio of 67.67 and a current ratio of 0.71. The company has a market capitalization of £418.04 million, a PE ratio of 7.24 and a beta of 0.83. The company has a 50 day moving average price of GBX 727.18 and a 200 day moving average price of GBX 714.48.

JPMorgan Claverhouse Increases Dividend

The business also recently announced a dividend, which was paid on Monday, March 3rd. Stockholders of record on Thursday, January 30th were paid a GBX 10.65 ($0.14) dividend. This represents a dividend yield of 1.47%. The ex-dividend date of this dividend was Thursday, January 30th. This is a positive change from JPMorgan Claverhouse’s previous dividend of $8.25. JPMorgan Claverhouse’s dividend payout ratio is 33.69%.

About JPMorgan Claverhouse

Great British dividends

The JPMorgan Claverhouse Investment Trust has been helping investors tap directly into the long-term growth potential of UK large cap stocks since 1963. The trust focuses on attractively valued, high quality stocks with the ability to generate consistent and growing dividends.

Key points

Expertise
• Managed by an investment team with long-standing UK equity experience, backed by the extensive resources of J.P.