Schroder Japan Trust (LON:SJG) Share Price Passes Above 50-Day Moving Average – Time to Sell?

Schroder Japan Trust (LON:SJG)’s stock price crossed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of GBX 250.64 ($3.28) and traded as high as GBX 255 ($3.34). Schroder Japan Trust shares last traded at GBX 251 ($3.28), with a volume of 141,185 shares trading hands.

Schroder Japan Trust Price Performance

The company has a 50-day moving average of GBX 250.64 and a 200-day moving average of GBX 254.96. The company has a debt-to-equity ratio of 10.85, a quick ratio of 3.60 and a current ratio of 0.07. The firm has a market capitalization of £293.32 million, a price-to-earnings ratio of 643.59 and a beta of 0.48.

Schroder Japan Trust Increases Dividend

The business also recently declared a dividend, which will be paid on Friday, December 13th. Stockholders of record on Thursday, November 7th will be issued a GBX 10.81 ($0.14) dividend. This represents a dividend yield of 4.41%. The ex-dividend date is Thursday, November 7th. This is a boost from Schroder Japan Trust’s previous dividend of $5.40. Schroder Japan Trust’s dividend payout ratio is 1,282.05%.

About Schroder Japan Trust

Schroder Japan Trust plc formerly known as Schroder Japan Growth Fund plc is an open-ended equity mutual fund launched and managed by Schroder Investment Management Limited. The fund invests in the public equity markets of Japan. It invests in stocks of companies operating across diversified sectors.