Invesco Asia Trust (LON:IAT) Announces Earnings Results

Invesco Asia Trust (LON:IAT) issued 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 return on equity of 2.30% and a net margin of 56.35%.

Invesco Asia Trust Stock Performance

Shares of Invesco Asia Trust stock opened at GBX 349 ($4.30) on Thursday. The business’s fifty day simple moving average is GBX 340.69 and its 200 day simple moving average is GBX 332.50. The firm has a market capitalization of £226.47 million, a P/E ratio of 4,362.50 and a beta of 0.64. Invesco Asia Trust has a 12 month low of GBX 287.88 ($3.54) and a 12 month high of GBX 358 ($4.41). The company has a current ratio of 0.11, a quick ratio of 0.36 and a debt-to-equity ratio of 5.32.

Invesco Asia Trust Cuts Dividend

The firm also recently declared 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 yield of 1.14%. Invesco Asia Trust’s dividend payout ratio (DPR) is currently 18,750.00%.

About Invesco Asia Trust

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).