Invesco Asia Trust (LON:IAT) Releases Earnings Results

Invesco Asia Trust (LON:IAT) posted its quarterly earnings data on Wednesday. The company reported GBX 5.32 ($0.07) earnings per share (EPS) for the quarter, Digital Look Earnings reports. Invesco Asia Trust had a return on equity of 2.30% and a net margin of 56.35%.

Invesco Asia Trust Stock Down 0.6 %

Shares of LON:IAT traded down GBX 2 ($0.02) during mid-day trading on Friday, reaching GBX 338 ($4.17). 21,740 shares of the stock were exchanged, compared to its average volume of 46,970. The company has a quick ratio of 0.36, a current ratio of 0.11 and a debt-to-equity ratio of 5.32. The company has a market cap of £219.33 million, a P/E ratio of 4,225.00 and a beta of 0.64. Invesco Asia Trust has a one year low of GBX 287.88 ($3.56) and a one year high of GBX 358 ($4.42). The stock’s 50 day simple moving average is GBX 340.69 and its 200-day simple moving average is GBX 332.50.

Invesco Asia Trust Cuts Dividend

The company also recently disclosed a dividend, which will be paid on Friday, January 31st. Investors of record on Thursday, January 16th will be issued a dividend of GBX 3.90 ($0.05) per share. The ex-dividend date is Thursday, January 16th. This represents a dividend yield of 1.14%. Invesco Asia Trust’s payout ratio is presently 18,750.00%.

Invesco Asia Trust Company Profile

Managed by Ian Hargreaves and Fiona Yang, the Company’s objective is to provide long-term capital growth and income by investing in a diversified portfolio of Asian and Australasian companies. The Company aims to achieve growth in its Net Asset Value (NAV) in excess of the Benchmark Index, the MSCI AC Asia ex Japan Index (total return, net of withholding tax, in sterling terms).