CC Japan Income & Growth (LON:CCJI) Stock Crosses Below Fifty Day Moving Average - Here's What Happened

CC Japan Income & Growth logo with Financial Services background

CC Japan Income & Growth (LON:CCJI - Get Free Report) passed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of GBX 188 ($2.34) and traded as low as GBX 186 ($2.31). CC Japan Income & Growth shares last traded at GBX 187 ($2.33), with a volume of 125,559 shares changing hands.

CC Japan Income & Growth Stock Down 0.2 %

The company's 50-day moving average price is GBX 188 and its 200-day moving average price is GBX 186.24. The firm has a market cap of £251.47 million and a price-to-earnings ratio of 2,073.89.

CC Japan Income & Growth (LON:CCJI - Get Free Report) last posted its quarterly earnings results on Wednesday, January 22nd. The company reported GBX 5.32 ($0.07) earnings per share for the quarter.

CC Japan Income & Growth Increases Dividend

The company also recently announced a dividend, which will be paid on Monday, March 3rd. Shareholders of record on Thursday, January 30th will be paid a dividend of GBX 3.85 ($0.05) per share. The ex-dividend date is Thursday, January 30th. This is an increase from CC Japan Income & Growth's previous dividend of $1.60. This represents a yield of 2.03%. CC Japan Income & Growth's payout ratio is 5,555.56%.

About CC Japan Income & Growth

(Get Free Report)

The investment objective of the Company is to provide Shareholders with dividend income combined with capital growth, mainly through investment in equities listed or quoted in Japan.

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