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

Shares of Schroder Oriental Income (LON:SOI) 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 mid-day 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 Price Performance

The company has a current ratio of 0.35, a quick ratio of 0.41 and a debt-to-equity ratio of 6.09. The firm has a market capitalization of £668.94 million, a price-to-earnings ratio of 5,480.00 and a beta of 0.67. The company’s 50 day moving average is GBX 272.59 and its 200-day moving average is GBX 272.20.

Schroder Oriental Income Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Friday, November 29th. Stockholders of record on Thursday, November 14th will be given a GBX 6 ($0.08) dividend. This represents a dividend yield of 2.22%. 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. Schroder Oriental Income’s dividend payout ratio (DPR) is presently 24,000.00%.

Schroder Oriental Income Company Profile

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.