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

CC Japan Income & Growth (LON:CCJI)’s share price crossed 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 traded.

CC Japan Income & Growth Stock Performance

The company has a 50 day moving average price of GBX 187.55 and a 200 day moving average price of GBX 185.92. The company has a market capitalization of £251.41 million and a price-to-earnings ratio of 4.14.

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

CC Japan Income & Growth Increases Dividend

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

About CC Japan Income & Growth

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.