Schroder Japan Trust (LON:SJG) Stock Passes Above Fifty Day Moving Average - Here's What Happened

Schroder Japan Trust (LON:SJG - Get Free Report)'s stock price passed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of GBX 250.64 ($3.28) and traded as high as GBX 255 ($3.34). Schroder Japan Trust shares last traded at GBX 251 ($3.28), with a volume of 141,185 shares changing hands.

Schroder Japan Trust Stock Performance

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 firm's 50-day moving average price is GBX 250.64 and its two-hundred day moving average price is GBX 254.96. The stock has a market cap of £293.32 million, a price-to-earnings ratio of 643.59 and a beta of 0.48.

Schroder Japan Trust Increases Dividend

The company also recently announced a dividend, which will be paid on Friday, December 13th. Shareholders of record on Thursday, November 7th will be given a GBX 10.81 ($0.14) dividend. This is an increase from Schroder Japan Trust's previous dividend of $5.40. This represents a yield of 4.41%. The ex-dividend date of this dividend is Thursday, November 7th. Schroder Japan Trust's payout ratio is currently 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.