Schroder Investment Trust – Schroder AsiaPacific Fund (LON:SDP) Shares Cross Below 50-Day Moving Average – Here’s Why

Schroder Investment Trust – Schroder AsiaPacific Fund plc (LON:SDP) shares crossed below its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of GBX 540.42 ($6.69) and traded as low as GBX 535.20 ($6.62). Schroder Investment Trust – Schroder AsiaPacific Fund shares last traded at GBX 536 ($6.63), with a volume of 18,677 shares trading hands.

Schroder Investment Trust – Schroder AsiaPacific Fund Price Performance

The stock’s 50 day moving average price is GBX 540.46 and its 200-day moving average price is GBX 535.36. The company has a quick ratio of 0.97, a current ratio of 1.07 and a debt-to-equity ratio of 1.54. The stock has a market capitalization of £833.13 million, a PE ratio of -3,170.59 and a beta of 0.64.

Schroder Investment Trust – Schroder AsiaPacific Fund Increases Dividend

The business also recently announced a dividend, which will be paid on Friday, February 7th. Shareholders of record on Tuesday, December 24th will be paid a GBX 12.50 ($0.15) dividend. This is an increase from Schroder Investment Trust – Schroder AsiaPacific Fund’s previous dividend of $12.00. This represents a yield of 2.33%. The ex-dividend date of this dividend is Tuesday, December 24th. Schroder Investment Trust – Schroder AsiaPacific Fund’s dividend payout ratio is currently -7,058.82%.

About Schroder Investment Trust – Schroder AsiaPacific Fund

Schroder Investment Trust – Schroder AsiaPacific Fund plc is a close-ended equity mutual fund launched and managed by Schroder Investment Management Limited. The fund is co-managed by Schroder Unit Trusts Limited. It invests in the public equity markets across Asia (excluding the Middle East and Japan), together with the Far Eastern countries bordering the Pacific Ocean.