Schroder Japan Trust (LON:SJG) Sets New 12-Month Low – Here’s Why

Schroder Japan Trust (LON:SJG) hit a new 52-week low during mid-day trading on Thursday . The company traded as low as GBX 225.18 ($2.90) and last traded at GBX 227 ($2.93), with a volume of 297157 shares. The stock had previously closed at GBX 238 ($3.07).

Schroder Japan Trust Stock Performance

The stock has a market cap of £250.81 million, a PE ratio of 4.20 and a beta of 0.48. The company’s 50-day moving average price is GBX 251.97 and its 200 day moving average price is GBX 251.28.

Schroder Japan Trust Increases Dividend

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