Jpmorgan American Invest... Share Discussion Threads

[pvb] 27/3/2024 13:20

A good set of results released



JPMorgan American IT PLC Annual Financial Report

27 Mar 2024

"Subject to shareholder approval at the AGM, a final dividend of 5.25p will be paid on 31st May 2024, making a total dividend of 7.75p per share for the 2023 Financial Year. This represents an increase of 6.9% on the previous year's total dividend."

2023 eps 7.73p dps 7.75

JAM generated a NAV total return, with debt at fair, of +24.7% in 2023 compared with +18.9% for its benchmark, the S&P 500 Index, while its share price total return was +26.6%.

· Since the change in investment approach on 1st June 2019 to the end of February 2024, JAM has generated a NAV total return of +116.3% compared with +97.3% for its benchmark. This represents an annualised outperformance of 2.2 percentage points.

[123ct] 03/11/2022 14:42

This is the wrong bulletin board but I cannot find the correct one, can anyone tell me if there is an etf of US dividend heroes, equivalent to USDV hedged back into sterling , I have one for the EQQQ and S@P500 but not for an US income etf...any replies will be very appreciated plus any other thoughts on other US etf that are hedged back into sterling...Thank you

[topvest] 17/10/2022 15:46

Sold my remaining 1/3rd today. I just can't see the US market mega-caps holding up much longer. Dividend yield of c1% is a sell indicator for me. I will think of getting back in next year.

[arja] 12/4/2022 06:09

investment trusts are not normally dividend plays and it is all about capital gains - sell a few and think of that as a dividend . Chart seems to show a mini DT and more downside to come and especially as this trust trades at a PREMIUM to NAV .

[topvest] 06/4/2022 10:21

I have sold 2/3rd of my shares today. It's been a 5-bagger in a decade. Yield is below 1% which is a red-flag on valuation grounds. I will reinvest into something cheaper. Should be lots of opportunity this spring/summer!

[11_percent] 15/7/2019 08:55

Hi guys, this seems to drop every morning before it goes up.

Is it worth buying/trading this move.

[gilston] 23/1/2018 17:53

JAM still buying in its own shares.

[gilston] 06/1/2018 11:47

This trust could usefully now reward long suffering investors by adopting a policy of paying out a dividend of 4% of NAV for 2017. Several other trusts do this, as distributions can now be made out of capital as well as revenue.

[butchdogg] 06/10/2017 07:43

i know have some JAM on my toast.

[gilston] 15/2/2017 17:27

Over 10% ords now held in treasury. Let`s hope they cancel them soon & enhance NAV.

[philo124] 22/12/2016 06:45

Probably the top for a while.

[r ball] 07/10/2016 09:14

Same here. Tax free.

[philo124] 07/10/2016 09:12

It's in SIPP.

[r ball] 07/10/2016 08:47

Jam today as well

[r ball] 05/10/2016 10:02

No brainer

[philo124] 03/7/2016 11:14

Great! 55% of sipp held in US stocks.

[r ball] 24/6/2016 19:20

hmm. my pension hedge has held up.

[philo124] 15/4/2016 07:39

Great investment, sipp.

[philo124] 27/4/2015 16:48

Back into JUSC , should have never got out. Now also hold Apple and Raytheon.

[philo124] 12/3/2015 15:19

Bought NIKE this afternoon.

[philo124] 03/3/2015 08:48

Bought General Motors and AT&T yesterday, topped up on Verizon. Also hold DIS, VIA, CNK. BOEING.