Japan Income Investing: 23.7% Dividend Growth for JPMorgan Japan Small Cap Growth & Income

Japan Income Investing: 23.7% Dividend Growth for JPMorgan Japan Small Cap Growth & Income

We caught up yesterday with Tim Mitchell, senior client director at JPMorgan, with specific responsibility for JPMorgan Japan Small Cap Growth & Income plc (LON:JSGI)

Tim noted : ‘The directors of the company, last week announced a fourth quarterly interim dividend of 5.5 pence per share, in relation to the year ended 31st March 2021. Whilst it’s been a very eventful year, the flexibility of the investment trust format has helped the manager deliver excellent NAV performance but also strong dividend growth. The final dividend of 5.5p brings the year’s total to 21.9p which is up 23.7% over the previous year, and represents a historic yield of just over 3.9%.’

See below for full announcement.

Fourth Quarterly Interim Dividend

The Board of JPMorgan Japan Small Cap Growth & Income plc (LON:JSGI) announced that the Company’s cum income Net Asset Value (‘NAV’) was 550.0 pence per share at 31st March 2021. Accordingly, in line with the Company’s distribution policy, the Directors have declared that a fourth quarterly interim dividend of 5.5 pence per share for the year ended 31st March 2021 will be paid on 14th May 2021 to shareholders on the register at the close of business on 16th April 2021. The ex-dividend date will be 15th April 2021.

Click to view all articles for the EPIC:
Or click to view the full company profile:
Facebook
X
LinkedIn
JPMorgan Japan Small Cap Growth & Income

More articles like this

JPMorgan Japan Small Cap Growth & Income

Japan stocks surge as Nikkei 225 rises nearly 2%

Japan’s stock market saw a notable rise after the close on Tuesday, driven by gains across various sectors including banking, chemical, petroleum & plastic, and paper & pulp industries. The Nikkei 225 index in Tokyo ended

JPMorgan Japan Small Cap Growth & Income

Japan stocks surge as Nikkei hits one-month high

Japan’s stock market closed higher on Friday, with notable gains in the Precision Instruments, Communication, and Electrical/Machinery sectors pushing shares upward. The Nikkei 225 index rose by 2.57%, marking a new one-month high by the end

JPMorgan Japan Small Cap Growth & Income

Business sentiment remains positive among Japanese firms

A recent government survey reveals that major Japanese companies continue to maintain a positive outlook for the second consecutive quarter. This trend is largely driven by growing demand in the semiconductor and service sectors. For the

JPMorgan Japan Small Cap Growth & Income

Nikkei breaks losing streak as tech stocks drive gains

Japan’s Nikkei share average ended a five-day losing streak, closing slightly higher by 0.08% at 36,244.22 points, with technology stocks leading the recovery. The market was boosted by investors seeking bargains after recent declines, which also

JPMorgan Japan Small Cap Growth & Income

Japanese stocks achieve largest weekly gain in four years

Japanese stocks experienced their most significant weekly gain in over four years as the country’s benchmark indexes continued to recover from the recent market downturn, with strong performances from electronics manufacturers and banks. The Nikkei 225

JPMorgan Japan Small Cap Growth & Income

Nikkei sees modest gains amid chip and shipping stock rally

Japan’s Nikkei share average rebounded 0.2% to close at 39,676.34, recovering from a three-week low after previously dipping to 39,519.39 on Monday. The broader Topix index also showed gains, adding 0.4%. The rebound was largely driven