AVI Japan Opportunity (LON:AJOT) Issues Quarterly Earnings Results

AVI Japan Opportunity (LON:AJOT - Get Free Report) announced its quarterly earnings results on Monday. The company reported GBX 2.21 ($0.03) earnings per share (EPS) for the quarter, Digital Look Earnings reports. AVI Japan Opportunity had a return on equity of 14.58% and a net margin of 94.99%.

AVI Japan Opportunity Price Performance

AJOT stock traded up GBX 1 ($0.01) during midday trading on Friday, hitting GBX 154 ($2.01). 128,182 shares of the stock traded hands, compared to its average volume of 234,518. The stock's fifty day simple moving average is GBX 159.52 and its 200-day simple moving average is GBX 150.91. The firm has a market cap of £210.21 million and a P/E ratio of 8.73. AVI Japan Opportunity has a 1-year low of GBX 120 ($1.57) and a 1-year high of GBX 167 ($2.19).

AVI Japan Opportunity Increases Dividend

The company also recently declared a dividend, which will be paid on Friday, May 23rd. Investors of record on Thursday, April 24th will be issued a dividend of GBX 1.20 ($0.02) per share. The ex-dividend date is Thursday, April 24th. This is an increase from AVI Japan Opportunity's previous dividend of $1.00. This represents a yield of 0.81%. AVI Japan Opportunity's dividend payout ratio is 11.34%.

About AVI Japan Opportunity

An investment trust run by Asset Value Investors (AVI), established to provide shareholders with capital growth through investing in a focussed portfolio of overcapitalised small-cap Japanese equities. AVI will leverage its three decades of experience investing in asset-backed companies to engage with company management and help to unlock value for all stakeholders.