CC Japan Income & Growth (LON:CCJI) Shares Pass Below Fifty Day Moving Average – Should You Sell?

CC Japan Income & Growth (LON:CCJIGet Free Report) passed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of GBX 187.55 ($2.36) and traded as low as GBX 186.57 ($2.35). CC Japan Income & Growth shares last traded at GBX 186.94 ($2.35), with a volume of 286,574 shares trading hands.

CC Japan Income & Growth Trading Down 0.4 %

The firm has a market cap of £251.41 million and a P/E ratio of 4.14. The company’s 50-day moving average is GBX 187.55 and its two-hundred day moving average is GBX 185.92.

CC Japan Income & Growth (LON:CCJIGet Free Report) last announced its quarterly earnings results on Wednesday, January 22nd. The company reported GBX 5.32 ($0.07) earnings per share for the quarter. CC Japan Income & Growth had a net margin of 95.50% and a return on equity of 22.45%.

CC Japan Income & Growth Increases Dividend

The company also recently announced a dividend, which will be paid on Monday, March 3rd. Shareholders of record on Thursday, January 30th will be given a dividend of GBX 3.85 ($0.05) per share. The ex-dividend date is Thursday, January 30th. This represents a dividend yield of 2.03%. This is a boost from CC Japan Income & Growth’s previous dividend of $1.60. CC Japan Income & Growth’s dividend payout ratio (DPR) is currently 11.06%.

About CC Japan Income & Growth

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The investment objective of the Company is to provide Shareholders with dividend income combined with capital growth, mainly through investment in equities listed or quoted in Japan.

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