Schroder Japan Trust (LON:SJG) to Issue Dividend of GBX 2.89

Schroder Japan Trust (LON:SJG) declared a dividend on Friday, March 14th, DividendData.Co.Uk reports. Shareholders of record on Thursday, March 27th will be given 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 of this dividend 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 accessed at this link.

Schroder Japan Trust Price Performance

Shares of LON:SJG traded up GBX 1 ($0.01) during midday trading on Tuesday, hitting GBX 255 ($3.29). 55,692 shares of the company’s stock were exchanged, compared to its average volume of 146,211. Schroder Japan Trust has a 12 month low of GBX 227.60 ($2.94) and a 12 month high of GBX 266 ($3.44). The company has a market cap of £298.87 million, a PE ratio of 5.00 and a beta of 0.48. The stock has a 50 day moving average price of GBX 254.69 and a 200-day moving average price of GBX 251.92.

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.