Schroder Japan Trust (LON:SJG) Share Price Passes Above 50-Day Moving Average – Here’s Why

Schroder Japan Trust (LON:SJGGet Free Report)’s stock price passed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of GBX 254.24 ($3.17) and traded as high as GBX 256 ($3.20). Schroder Japan Trust shares last traded at GBX 253 ($3.16), with a volume of 60,047 shares changing hands.

Schroder Japan Trust Trading Up 0.5 %

The firm has a market cap of £297.21 million, a price-to-earnings ratio of 652.12 and a beta of 0.48. The business has a 50 day moving average of GBX 254.24 and a 200 day moving average of GBX 251.71. The company has a quick ratio of 3.60, a current ratio of 0.07 and a debt-to-equity ratio of 10.85.

Schroder Japan Trust Cuts Dividend

The company also recently declared a dividend, which was paid on Friday, January 31st. Stockholders of record on Thursday, January 2nd were issued a dividend of GBX 2.82 ($0.04) per share. The ex-dividend date of this dividend was Thursday, January 2nd. This represents a dividend yield of 1.11%. Schroder Japan Trust’s dividend payout ratio (DPR) is presently 1,282.05%.

About Schroder Japan Trust

(Get Free Report)

The Japanese equity market currently offers a compelling long-term investment opportunity. Several developments that are unique to Japan should combine to support sustained corporate earnings growth and increasing valuation multiples in the years ahead. With one of the best performance track records in its sector and a disciplined, active investment approach, SJG is an excellent way of gaining exposure to Japan’s exciting potential.

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