The Baillie Gifford Japan Trust (LON:BGFD) Shares Down 0.8% – Here’s Why

The Baillie Gifford Japan Trust PLC (LON:BGFD) shares fell 0.8% during trading on Thursday . The stock traded as low as GBX 727 ($9.28) and last traded at GBX 731 ($9.33). 197,235 shares traded hands during mid-day trading, a decline of 16% from the average session volume of 233,866 shares. The stock had previously closed at GBX 737 ($9.40).

The Baillie Gifford Japan Trust Stock Down 0.8 %

The company has a debt-to-equity ratio of 18.86, a quick ratio of 0.14 and a current ratio of 0.18. The firm has a 50 day simple moving average of GBX 719.27 and a two-hundred day simple moving average of GBX 726.80. The stock has a market cap of £638.31 million, a P/E ratio of 3,480.95 and a beta of 0.73.

The Baillie Gifford Japan Trust Dividend Announcement

The business also recently disclosed a dividend, which will be paid on Wednesday, December 18th. Investors of record on Thursday, November 14th will be issued a GBX 10 ($0.13) dividend. This represents a yield of 1.43%. The ex-dividend date is Thursday, November 14th. The Baillie Gifford Japan Trust’s payout ratio is currently 4,761.90%.

About The Baillie Gifford Japan Trust

The Baillie Gifford Japan Trust PLC is a closed ended equity mutual fund launched and managed by Baillie Gifford & Co Ltd. It is co-managed by Baillie Gifford & Co The fund invests in the public equity markets of Japan. It seeks to invest in stocks of companies operating across diversified sectors.