Schroder Japan Trust (LON:SJG) Stock Price Passes Below Fifty Day Moving Average – Here’s Why

Shares of Schroder Japan Trust (LON:SJG) passed below its 50-day moving average during trading on Monday . The stock has a 50-day moving average of GBX 254.69 ($3.28) and traded as low as GBX 250.92 ($3.23). Schroder Japan Trust shares last traded at GBX 254 ($3.27), with a volume of 348,225 shares.

Schroder Japan Trust Stock Performance

The firm’s 50-day moving average price is GBX 254.71 and its two-hundred day moving average price is GBX 251.99. The firm has a market cap of £296.23 million, a PE ratio of 4.96 and a beta of 0.48.

Schroder Japan Trust Increases Dividend

The business also recently declared a dividend, which will be paid on Wednesday, April 30th. Investors of record on Thursday, March 27th will be given a GBX 2.89 ($0.04) dividend. The ex-dividend date of this dividend is Thursday, March 27th. This is a boost from Schroder Japan Trust’s previous dividend of $2.82. This represents a yield of 1.16%. 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.