Schroder Japan Trust (LON:SJG) Announces Earnings Results

Schroder Japan Trust (LON:SJG) released its quarterly earnings results on Monday. The company reported GBX 3.25 ($0.04) earnings per share for the quarter, Digital Look Earnings reports. Schroder Japan Trust had a net margin of 99.53% and a return on equity of 18.12%.

Schroder Japan Trust Price Performance

SJG stock opened at GBX 234.84 ($3.10) on Tuesday. The business has a 50-day moving average of GBX 246.83 and a 200-day moving average of GBX 249.94. Schroder Japan Trust has a fifty-two week low of GBX 198 ($2.61) and a fifty-two week high of GBX 266 ($3.51). The stock has a market capitalization of £275.24 million, a P/E ratio of 4.61 and a beta of 0.48.

Schroder Japan Trust Increases Dividend

The company also recently declared a dividend, which will be paid on Wednesday, April 30th. Stockholders of record on Thursday, March 27th will be issued a GBX 2.89 ($0.04) dividend. This represents a dividend yield of 1.16%. This is a positive change from Schroder Japan Trust’s previous dividend of $2.82. The ex-dividend date of this dividend is Thursday, March 27th. Schroder Japan Trust’s payout ratio is 9.81%.

Schroder Japan Trust Company Profile

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.