Schroder Japan Trust (LON:SJG) to Issue Dividend Increase – GBX 2.89 Per Share

Schroder Japan Trust (LON:SJG) announced a dividend on Friday, March 14th, DividendData.Co.Uk reports. Stockholders 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 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

SJG stock opened at GBX 255 ($3.29) on Tuesday. The company has a market cap of £298.87 million, a price-to-earnings ratio of 5.00 and a beta of 0.48. The company has a fifty day moving average price of GBX 254.69 and a 200 day moving average price of GBX 251.92. Schroder Japan Trust has a 12 month low of GBX 227.60 ($2.94) and a 12 month high of GBX 266 ($3.44).

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.