CC Japan Income & Growth (LON:CCJI) Share Price Passes Below 50 Day Moving Average – What’s Next?

CC Japan Income & Growth (LON:CCJI)’s share price crossed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of GBX 187.55 ($2.36) and traded as low as GBX 186.57 ($2.35). CC Japan Income & Growth shares last traded at GBX 186.94 ($2.35), with a volume of 286,574 shares trading hands.

CC Japan Income & Growth Trading Down 0.4 %

The firm has a market capitalization of £251.41 million and a P/E ratio of 4.14. The firm has a 50 day moving average price of GBX 187.46 and a 200-day moving average price of GBX 185.80.

CC Japan Income & Growth (LON:CCJI) last posted its quarterly earnings data on Wednesday, January 22nd. The company reported GBX 5.32 ($0.07) earnings per share (EPS) for the quarter. CC Japan Income & Growth had a return on equity of 22.45% and a net margin of 95.50%.

CC Japan Income & Growth Increases Dividend

The firm also recently declared a dividend, which will be paid on Monday, March 3rd. Investors of record on Thursday, January 30th will be paid a dividend of GBX 3.85 ($0.05) per share. This is a positive change from CC Japan Income & Growth’s previous dividend of $1.60. This represents a dividend yield of 2.03%. The ex-dividend date of this dividend is Thursday, January 30th. CC Japan Income & Growth’s dividend payout ratio (DPR) is currently 11.06%.

About CC Japan Income & Growth

The investment objective of the Company is to provide Shareholders with dividend income combined with capital growth, mainly through investment in equities listed or quoted in Japan.