JPmorgan Global Emerging Markets Income (LON:JEMI) fell 0.9% on Tuesday . The stock traded as low as GBX 134.50 ($1.76) and last traded at GBX 134.75 ($1.76), 218,396 shares traded hands during trading. A decline of 44% from the average session volume of 389,272 shares. The stock had previously closed at GBX 136 ($1.78).
The company has a 50-day moving average price of GBX 135.03 and a two-hundred day moving average price of GBX 116.99.
The business also recently announced a dividend, which will be paid on Friday, October 25th. Stockholders of record on Thursday, September 19th will be given a dividend of GBX 2.10 ($0.03) per share. The ex-dividend date of this dividend is Thursday, September 19th. This represents a dividend yield of 1.6%. This is an increase from JPmorgan Global Emerging Markets Income’s previous dividend of $1.00.
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.
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