Invesco Asia Trust (LON:IAT) Releases Quarterly Earnings Results

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

Invesco Asia Trust Stock Performance

IAT stock traded down GBX 2 ($0.02) during mid-day trading on Friday, reaching GBX 338 ($4.17). 21,740 shares of the stock traded hands, 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. Invesco Asia Trust has a 52 week low of GBX 287.88 ($3.56) and a 52 week high of GBX 358 ($4.42). The business has a 50-day moving average of GBX 340.69 and a two-hundred day moving average of GBX 332.50. The firm has a market capitalization of £219.33 million, a PE ratio of 4,225.00 and a beta of 0.64.

Invesco Asia Trust Cuts Dividend

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