AVI Japan Opportunity (LON:AJOT) Issues Earnings Results

AVI Japan Opportunity (LON:AJOT) issued 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 Stock Down 3.9 %

LON:AJOT opened at GBX 144.09 ($1.84) on Wednesday. The stock has a market cap of £196.68 million and a price-to-earnings ratio of 8.17. The company’s 50 day moving average price is GBX 160.17 and its 200-day moving average price is GBX 150.66. AVI Japan Opportunity has a 52 week low of GBX 120 ($1.53) and a 52 week high of GBX 167 ($2.13).

AVI Japan Opportunity Increases Dividend

The company also recently announced a dividend, which will be paid on Friday, May 23rd. Shareholders of record on Thursday, April 24th will be issued a GBX 1.20 ($0.02) dividend. 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. This represents a yield of 0.81%. AVI Japan Opportunity’s 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.