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

Invesco Asia Trust (LON:IAT) posted its 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 Up 1.7 %

IAT traded up GBX 5.80 ($0.07) during trading hours on Friday, hitting GBX 345.80 ($4.27). 26,400 shares of the company’s stock were exchanged, compared to its average volume of 47,244. 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 has a 12-month low of GBX 287.88 ($3.56) and a 12-month high of GBX 358 ($4.42). The firm has a market cap of £224.39 million, a P/E ratio of 4,322.50 and a beta of 0.64. The firm has a 50 day moving average of GBX 340.69 and a 200 day moving average of GBX 332.50.

Invesco Asia Trust Cuts Dividend

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