The Baillie Gifford Japan Trust (LON:BGFD) Shares Down 0.8% – Here’s Why

Shares of The Baillie Gifford Japan Trust PLC (LON:BGFD) fell 0.8% on Thursday . The stock traded as low as GBX 727 ($9.27) and last traded at GBX 731 ($9.32). 197,235 shares traded hands during mid-day trading, a decline of 16% from the average session volume of 233,866 shares. The stock had previously closed at GBX 737 ($9.40).

The Baillie Gifford Japan Trust Stock Performance

The company has a current ratio of 0.18, a quick ratio of 0.14 and a debt-to-equity ratio of 18.86. The stock has a fifty day moving average price of GBX 719.39 and a 200-day moving average price of GBX 726.74. The firm has a market capitalization of £636.56 million, a price-to-earnings ratio of 3,471.43 and a beta of 0.73.

The Baillie Gifford Japan Trust Announces Dividend

The company also recently announced a dividend, which will be paid on Wednesday, December 18th. Stockholders of record on Thursday, November 14th will be issued a GBX 10 ($0.13) dividend. This represents a dividend yield of 1.43%. The ex-dividend date of this dividend is Thursday, November 14th. The Baillie Gifford Japan Trust’s payout ratio is 4,761.90%.

About The Baillie Gifford Japan Trust

The Baillie Gifford Japan Trust PLC is a closed ended equity mutual fund launched and managed by Baillie Gifford & Co Ltd. It is co-managed by Baillie Gifford & Co The fund invests in the public equity markets of Japan. It seeks to invest in stocks of companies operating across diversified sectors.