JMHLY - Jardine Matheson Has Another Great Year
Jardine Matheson (JMHLY) is one of the favorite ways to invest in Asia. This old school conglomerate has Western style management with most of its investments in Asia. The company has been around since 1832 but doesn’t get too much of a following in the U.S.
The stock trades for $68.85, there are 375 million shares, and the market cap is $25.8 billion. Since I last wrote about Jardine, its stock is up 12.8% not including the dividend. Last year’s dividend was $1.45 which has been increased to $1.52. The current dividend yield