Jupiter Dividend & Growth Trust (LSE:JDT) Shares Outstanding (EOP): 99.73 Mil (As of Jun. 2017)

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Director of Data and Quant Analytics at GuruFocus
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What is Jupiter Dividend & Growth Trust Shares Outstanding (EOP)?

Jupiter Dividend & Growth Trust LSE:JDT Shares Outstanding (EOP) is 99.73 Mil as of Jun. 2017. The stock has 5 warning signs investors should review.

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Jupiter Dividend & Growth Trust's shares outstanding for the quarter that ended in Jun. 2017 was 99.73 Mil.

Jupiter Dividend & Growth Trust's quarterly shares outstanding stayed the same from Dec. 2016 (99.73 Mil) to Jun. 2017 (99.73 Mil).

Jupiter Dividend & Growth Trust's annual shares outstanding stayed the same from Dec. 2015 (99.73 Mil) to Dec. 2016 (99.73 Mil).


Jupiter Dividend & Growth Trust  (LSE:JDT) Shares Outstanding (EOP) Explanation

A company may buy back shares or issue shares in any fiscal period. If a company buys back shares, we should observe that the total number of shares decline. If the company issues new shares, the number of shares outstanding increases.

Usually the presence of treasury shares and a history of buyback are good indicators that company has competitive advantage. But studies have shown that companies usually buy back at wrong time. Buying back shares below its intrinsic value increases value for remaining shareholders. Buying back overvalued shares destroys value for existing shareholders.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred net income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


Jupiter Dividend & Growth Trust Shares Outstanding (EOP) Related Terms


Jupiter Dividend & Growth Trust Shares Outstanding (EOP) Historical Data

* Premium members only.

The historical data trend for Jupiter Dividend & Growth Trust's Shares Outstanding (EOP) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Jupiter Dividend & Growth Trust Shares Outstanding (EOP) Chart

Jupiter Dividend & Growth Trust Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Shares Outstanding (EOP)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 99.73 99.73 99.73 99.73 99.73

Jupiter Dividend & Growth Trust Semi-Annual Data
Dec07 Jun08 Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17
Shares Outstanding (EOP) Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 99.73 99.73 99.73 99.73 99.73

Jupiter Dividend & Growth Trust Shares Outstanding (EOP) Competitor Comparison

For the Asset Management subindustry, Jupiter Dividend & Growth Trust's Shares Outstanding (EOP), along with its competitors' market caps and Shares Outstanding (EOP) data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Jupiter Dividend & Growth Trust Shares Outstanding (EOP) vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Jupiter Dividend & Growth Trust's Shares Outstanding (EOP) distribution charts can be found below:

* The bar in red indicates where Jupiter Dividend & Growth Trust's Shares Outstanding (EOP) falls into.



Jupiter Dividend & Growth Trust Shares Outstanding (EOP) Calculation

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. They have voting rights and represent ownership in the corporation by the person that holds the shares. They should be distinguished from treasury shares, which are shares held by the corporation itself, having no exercisable rights.

Shares outstanding can be calculated as either basic or fully diluted. The fully diluted shares outstanding count includes diluting securities, such as options, warrants or convertibles.

Please note: GuruFocus named Shares Outstanding (EOP) is the shares for that end of period. It is usually used to calculate balance sheet related items, such as Book Value per Share, etc. While Shares Outstanding (Diluted Average) and Shares Outstanding (Basic Average) are the weighted average shares over a period of time (a year, a quarter, or so). They are usually used to calculate income statement or cashflow statement related items, such as Earnings per Share (Diluted), etc.

What does a Shares Outstanding (EOP) of 99.73 Mil mean?
Jupiter Dividend & Growth Trust (LSE:JDT) has a Shares Outstanding (EOP) of 99.73 Mil as of Jun. 2017. The total shares a company has outstanding, at period-end. View historical data on Jupiter Dividend & Growth Trust and its competitors.
Is Jupiter Dividend & Growth Trust's Shares Outstanding (EOP) too high?
Jupiter Dividend & Growth Trust's current Shares Outstanding (EOP) is 99.73 Mil.
How does Jupiter Dividend & Growth Trust's Shares Outstanding (EOP) compare to competitors?
Jupiter Dividend & Growth Trust's Shares Outstanding (EOP) of 99.73 Mil can be compared against companies in the Asset Management industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Shares Outstanding (EOP) for an Asset Management company?
A good Shares Outstanding (EOP) depends on the Asset Management industry context. However, Shares Outstanding (EOP) should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Shares Outstanding (EOP) mean?
A high Shares Outstanding (EOP) can signal that a stock is expensive relative to its fundamentals. The total shares a company has outstanding, at period-end. View historical data on Jupiter Dividend & Growth Trust and its competitors. Jupiter Dividend & Growth Trust's current Shares Outstanding (EOP) is 99.73 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jupiter Dividend & Growth Trust stock overvalued right now?
Jupiter Dividend & Growth Trust (LSE:JDT) has a current Shares Outstanding (EOP) of 99.73 Mil. The current Shares Outstanding (EOP) is 99.73 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shares Outstanding (EOP) calculated?
Shares Outstanding (EOP) is calculated from a company's financial statements. For Jupiter Dividend & Growth Trust (LSE:JDT), the current Shares Outstanding (EOP) is 99.73 Mil as of Jun. 2017. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Jupiter Dividend & Growth Trust Business Description

Jupiter Dividend & Growth Trust PLC operates as an investment trust. The company's investment objective is to provide Ordinary Income and Common shareholders with a high and rising income together with the possibility of capital appreciation and to provide Zero Dividend Preference and Common shareholders with a predetermined level of capital growth. The Company's investment policy is to invest in a portfolio of UK listed equities, UK equity-related securities such as convertible securities, preference shares, convertible unsecured loan stock, warrants and other similar securities and UK fixed interest securities.