Schroder Japan Trust (LON:SJG) Shares Pass Below Fifty Day Moving Average - Here's What Happened

Schroder Japan Trust (LON:SJG - Get Free Report)'s share price passed below its fifty day moving average during trading on Monday . The stock has a fifty day moving average of GBX 254.69 ($3.30) and traded as low as GBX 250.92 ($3.25). Schroder Japan Trust shares last traded at GBX 254 ($3.29), with a volume of 348,225 shares.

Schroder Japan Trust Stock Down 2.0 %

The stock's 50 day simple moving average is GBX 254.55 and its two-hundred day simple moving average is GBX 251.96. The company has a market cap of £282.46 million, a PE ratio of 4.73 and a beta of 0.48.

Schroder Japan Trust Increases Dividend

The firm also recently announced a dividend, which will be paid on Wednesday, April 30th. Investors 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 9.81%.

About Schroder Japan Trust

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.