Schroder Japan Trust (LON:SJG) Stock Passes Below Fifty Day Moving Average – What’s Next?

Schroder Japan Trust (LON:SJG)’s share price passed below its 50-day moving average during trading on Monday . The stock has a 50-day moving average of GBX 251.46 ($3.26) and traded as low as GBX 246 ($3.19). Schroder Japan Trust shares last traded at GBX 246 ($3.19), with a volume of 265,748 shares changing hands.

Schroder Japan Trust Stock Performance

The stock has a market cap of £286.56 million, a price-to-earnings ratio of 630.77 and a beta of 0.48. 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 company’s 50 day simple moving average is GBX 251.46 and its 200 day simple moving average is GBX 254.70.

Schroder Japan Trust Increases Dividend

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

Schroder Japan Trust Company Profile

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.