Schroder Japan Trust (LON:SJG - Get Free Report) issued its quarterly earnings results on Monday. The company reported GBX 3.25 ($0.04) earnings per share for the quarter, Digital Look Earnings reports. Schroder Japan Trust had a return on equity of 18.12% and a net margin of 99.53%.
Schroder Japan Trust Stock Performance
Shares of LON SJG traded up GBX 1 ($0.01) during mid-day trading on Friday, hitting GBX 234 ($3.11). The stock had a trading volume of 114,754 shares, compared to its average volume of 178,721. The company has a 50 day moving average of GBX 244.79 and a two-hundred day moving average of GBX 249.48. Schroder Japan Trust has a twelve month low of GBX 198 ($2.63) and a twelve month high of GBX 266 ($3.54). The firm has a market cap of £274.26 million, a PE ratio of 4.59 and a beta of 0.48.
Schroder Japan Trust Increases Dividend
The business also recently disclosed a dividend, which will be paid on Wednesday, April 30th. Stockholders of record on Thursday, March 27th will be issued a dividend of GBX 2.89 ($0.04) per share. The ex-dividend date of this dividend is Thursday, March 27th. This is a positive change from Schroder Japan Trust's previous dividend of $2.82. This represents a dividend yield of 1.16%. Schroder Japan Trust's payout ratio is 9.81%.
Insider Buying and Selling
In other news, insider Helena Coles bought 1,271 shares of the business's stock in a transaction dated Tuesday, April 15th. The stock was purchased at an average cost of GBX 235 ($3.12) per share, with a total value of £2,986.85 ($3,971.35). Corporate insiders own 13.26% of the company's stock.
About Schroder Japan Trust
(
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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.
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