Schroder Japan Trust (LON:SJG) Raises Dividend to GBX 2.89 Per Share

Schroder Japan Trust (LON:SJG - Get Free Report) declared a dividend on Friday, March 14th, DividendData.Co.Uk reports. Stockholders of record on Thursday, March 27th will be paid a dividend of GBX 2.89 ($0.04) per share on Wednesday, April 30th. This represents a dividend yield of 1.16%. The ex-dividend date is Thursday, March 27th. This is a 2.5% increase from Schroder Japan Trust's previous dividend of $2.82. The official announcement can be viewed at this link.

Schroder Japan Trust Price Performance

Shares of SJG stock traded down GBX 5 ($0.06) during trading hours on Friday, reaching GBX 241 ($3.12). 576,061 shares of the stock were exchanged, compared to its average volume of 158,617. Schroder Japan Trust has a 12-month low of GBX 227.60 ($2.95) and a 12-month high of GBX 266 ($3.44). The business's fifty day moving average is GBX 254.27 and its two-hundred day moving average is GBX 251.92. The firm has a market capitalization of £282.46 million, a P/E ratio of 4.73 and a beta of 0.48.

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.