Schroder Japan Trust (LON:SJG) Announces Quarterly Earnings Results

Schroder Japan Trust (LON:SJGGet Free Report) announced its quarterly earnings data on Monday. The company reported GBX 3.25 ($0.04) EPS for the quarter, Digital Look Earnings reports. Schroder Japan Trust had a net margin of 99.53% and a return on equity of 18.12%.

Schroder Japan Trust Stock Up 0.4 %

Shares of SJG opened at GBX 235.37 ($3.12) on Wednesday. The company has a market capitalization of £275.86 million, a price-to-earnings ratio of 4.62 and a beta of 0.48. Schroder Japan Trust has a 52 week low of GBX 198 ($2.62) and a 52 week high of GBX 266 ($3.52). The stock’s 50-day moving average price is GBX 246.33 and its 200-day moving average price is GBX 249.82.

Schroder Japan Trust Increases Dividend

The business also recently disclosed a dividend, which will be paid on Wednesday, April 30th. Shareholders of record on Thursday, March 27th will be paid a dividend of GBX 2.89 ($0.04) per share. The ex-dividend date is Thursday, March 27th. This represents a dividend yield of 1.16%. This is a positive change from Schroder Japan Trust’s previous dividend of $2.82. Schroder Japan Trust’s dividend payout ratio (DPR) is presently 9.81%.

Schroder Japan Trust Company Profile

(Get Free Report)

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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