Schroder Japan Trust (LON:SJG) Shares Cross Above Fifty Day Moving Average – Here’s What Happened

Schroder Japan Trust (LON:SJG)’s share price crossed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of GBX 254.76 ($3.21) and traded as high as GBX 262 ($3.31). Schroder Japan Trust shares last traded at GBX 260 ($3.28), with a volume of 70,722 shares trading hands.

Schroder Japan Trust Trading Up 0.4 %

The stock has a market capitalization of £304.73 million, a P/E ratio of 5.10 and a beta of 0.48. The stock’s 50-day moving average price is GBX 254.76 and its two-hundred day moving average price is GBX 251.69.

Schroder Japan Trust Cuts Dividend

The firm also recently declared a dividend, which was paid on Friday, January 31st. Investors of record on Thursday, January 2nd were given a dividend of GBX 2.82 ($0.04) per share. The ex-dividend date was Thursday, January 2nd. This represents a yield of 1.11%. Schroder Japan Trust’s dividend payout ratio (DPR) is currently 9.81%.

About Schroder Japan Trust

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.