Schroder Japan Trust (LON:SJG) Sets New 52-Week Low - What's Next?

Shares of Schroder Japan Trust (LON:SJG - Get Free Report) hit a new 52-week low on Thursday . The stock traded as low as GBX 225.18 ($2.88) and last traded at GBX 227 ($2.90), with a volume of 297157 shares trading hands. The stock had previously closed at GBX 238 ($3.04).

Schroder Japan Trust Price Performance

The stock has a 50-day moving average price of GBX 249.93 and a 200-day moving average price of GBX 250.71. The company has a market capitalization of £262.53 million, a P/E ratio of 4.39 and a beta of 0.48.

Schroder Japan Trust Increases Dividend

The company also recently announced a dividend, which will be paid on Wednesday, April 30th. Shareholders of record on Thursday, March 27th will be given a dividend of GBX 2.89 ($0.04) per share. This represents a yield of 1.16%. The ex-dividend date of this dividend is Thursday, March 27th. This is an increase from Schroder Japan Trust's previous dividend of $2.82. Schroder Japan Trust's dividend payout ratio is currently 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.