JUP dividend – Jupiter Fund Management PLC Announces 0.005 Cash Dividend
April 6, 2023
Dividends Yield
Jupiter Fund Management ($LSE:JUP) PLC recently announced on April 1 2023 that it will be paying a 0.005 cash dividend to shareholders. This dividend has been consistent for the past three years, with an annual dividend per share of 0.17 GBP resulting in average dividend yields of 10.19% from 2020 to 2022. This makes JUPITER FUND MANAGEMENT a good option for investors who are looking for dividend-paying stocks. The ex-dividend date for this dividend is April 20 2023.
This means that any purchases made on or after this date will not entitle the buyer to receive the dividend. Overall, JUPITER FUND MANAGEMENT is a great option for dividend-seeking investors looking for reliable income from investments. The consistent dividends have resulted in attractive yields over the past three years, making the stock a safe bet for steady returns.
Share Price
On Monday, the stock opened at £1.4 and closed at £1.3, representing a 1.4% decrease from the prior closing price of £1.4. The announcement of this dividend payment is indicative of Jupiter Fund Management’s commitment to long-term value creation for its shareholders. This cash dividend provides investors with a tangible return on their investment in the company. It also demonstrates the company’s confidence in its ability to generate strong financial results and generate attractive returns for its investors.
The company has focused on delivering long-term value for its investors, with a focus on risk management and cost efficiency. This dividend payment is another example of the company’s commitment to creating value for its shareholders. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for JUP. More…
| Total Revenues | Net Income | Net Margin |
| 443.5 | 47.9 | 23.8% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for JUP. More…
| Operations | Investing | Financing |
| 162.3 | 35.1 | -117 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for JUP. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 1.24k | 398.1 | 1.54 |
Key Ratios Snapshot
Some of the financial key ratios for JUP are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 1.9% | -3.7% | 14.6% |
| FCF Margin | ROE | ROA |
| 35.4% | 4.8% | 3.3% |
Analysis
At GoodWhale, we have analyzed the fundamentals of JUPITER FUND MANAGEMENT and are pleased to report that it has a high health score of 10/10, which indicates its capability to cover debt and fund future operations. Our Star Chart analysis also shows that JUPITER FUND MANAGEMENT is strong in asset, profitability and medium in dividend, but weak in growth. Based on our analysis, we classify JUPITER FUND MANAGEMENT as a ‘cow’ – a type of company that has a track record of paying out consistent and sustainable dividends. This makes the company an attractive option for investors looking for steady returns over the long-term. Investors who are looking for more aggressive returns may find other companies more suitable for their investment goals. More…
Peers
It is headquartered in London and is a constituent of the FTSE 250 Index. The company was founded in 1985 and offers a range of funds, including fixed income, equity, and multi-asset funds. Jupiter Fund Management PLC’s competitors include Quilter PLC, Man Group PLC, and Polar Capital Holdings PLC.
– Quilter PLC ($LSE:QLT)
Quilter PLC is a financial services company that provides a range of financial planning, investment management, and advice services to clients across the United Kingdom. The company has a market capitalization of 1.37 billion GBP as of 2021 and a return on equity of 4.14%. Quilter PLC is headquartered in London, England.
– Man Group PLC ($LSE:EMG)
Man Group PLC is a publicly traded company with a market capitalization of 2.75 billion as of 2022. The company has a return on equity of 27.23%. Man Group PLC is a leading alternative investment management firm. The company offers a range of investment strategies and products to clients around the world.
– Polar Capital Holdings PLC ($LSE:POLR)
Polar Capital Holdings PLC is a publicly traded company with a market capitalization of 441.97M as of 2022. The company has a Return on Equity of 24.96%. Polar Capital Holdings PLC is an asset management company that offers a range of investment strategies and products to its clients.
Summary
Jupiter Fund Management is an attractive option for investors looking for consistent dividend yields. The company has paid an annual dividend per share of 0.17 GBP for the past three years, resulting in average dividend yields of 10.19% across 2020-2022. It is worth noting that dividends are subject to change, and investors should consider other factors such as financial statements, market sentiment and risk appetite when making their investment decisions. As with any investment, it is important to conduct thorough research to make an informed decision.
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