AVI Japan Opportunity (LON:AJOT) Announces Earnings Results

AVI Japan Opportunity (LON:AJOT) announced its quarterly earnings results on Monday. The company reported GBX 2.21 ($0.03) earnings per share for the quarter, Digital Look Earnings reports. AVI Japan Opportunity had a return on equity of 14.58% and a net margin of 94.99%.

AVI Japan Opportunity Price Performance

AVI Japan Opportunity stock opened at GBX 146.78 ($1.88) on Wednesday. The stock has a market capitalization of £200.34 million and a P/E ratio of 8.32. The firm’s 50-day moving average is GBX 160.17 and its two-hundred day moving average is GBX 150.66. AVI Japan Opportunity has a 12-month low of GBX 120 ($1.53) and a 12-month high of GBX 167 ($2.13).

AVI Japan Opportunity Increases Dividend

The business also recently announced a dividend, which will be paid on Friday, May 23rd. Shareholders of record on Thursday, April 24th will be issued a dividend of GBX 1.20 ($0.02) per share. This represents a yield of 0.81%. The ex-dividend date of this dividend is Thursday, April 24th. This is a boost from AVI Japan Opportunity’s previous dividend of $1.00. AVI Japan Opportunity’s dividend payout ratio is 11.34%.

AVI Japan Opportunity Company Profile

An investment trust run by Asset Value Investors (AVI), established to provide shareholders with capital growth through investing in a focussed portfolio of overcapitalised small-cap Japanese equities. AVI will leverage its three decades of experience investing in asset-backed companies to engage with company management and help to unlock value for all stakeholders.