Schroder Oriental Income (LON:SOI) Shares Up 0.4% – Here’s What Happened

Schroder Oriental Income (LON:SOI)’s share price traded up 0.4% during mid-day trading on Friday . The company traded as high as GBX 277 ($3.47) and last traded at GBX 274 ($3.43). 410,956 shares changed hands during trading, a decline of 7% from the average session volume of 444,139 shares. The stock had previously closed at GBX 273 ($3.42).

Schroder Oriental Income Stock Up 0.4 %

The firm has a market cap of £668.94 million, a P/E ratio of 5,480.00 and a beta of 0.67. The company’s 50-day simple moving average is GBX 272.76 and its 200 day simple moving average is GBX 272.22. The company has a debt-to-equity ratio of 6.09, a current ratio of 0.35 and a quick ratio of 0.41.

Schroder Oriental Income Increases Dividend

The business also recently announced a dividend, which will be paid on Friday, November 29th. Stockholders of record on Thursday, November 14th will be issued a GBX 6 ($0.08) dividend. This is a boost from Schroder Oriental Income’s previous dividend of $2.00. The ex-dividend date of this dividend is Thursday, November 14th. This represents a dividend yield of 2.22%. Schroder Oriental Income’s payout ratio is 24,000.00%.

About Schroder Oriental Income

Schroder Oriental Income Fund Limited is a closed-ended equity mutual fund launched and managed by Schroder Unit Trusts Limited. The fund is co-managed by Schroder Investment Management Limited. It invests in the public equity markets of the Asia Pacific Region, including India and Australia. The fund invests in stocks of companies operating across diversified sectors.