Schroder Japan Trust (LON:SJG) Releases Earnings Results

Schroder Japan Trust (LON:SJG) posted its quarterly earnings data on Monday. The company reported GBX 3.25 ($0.04) earnings per share (EPS) 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 SJG stock opened at GBX 234.30 ($3.10) on Wednesday. Schroder Japan Trust has a fifty-two week low of GBX 198 ($2.62) and a fifty-two week high of GBX 266 ($3.52). The company has a 50 day moving average price of GBX 246.33 and a 200 day moving average price of GBX 249.82. The stock has a market capitalization of £274.61 million, a P/E ratio of 4.59 and a beta of 0.48.

Schroder Japan Trust Increases Dividend

The firm also recently declared a dividend, which will be paid on Wednesday, April 30th. Stockholders of record on Thursday, March 27th will be given a dividend of GBX 2.89 ($0.04) per share. This represents a dividend yield of 1.16%. The ex-dividend date is Thursday, March 27th. This is a boost from Schroder Japan Trust’s previous dividend of $2.82. Schroder Japan Trust’s dividend payout ratio is currently 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.