Schroder Oriental Income (LON:SOI) Trading 0% Higher – Should You Buy?

Schroder Oriental Income (LON:SOI) rose 0% during mid-day trading on Tuesday . The company traded as high as GBX 276.50 ($3.45) and last traded at GBX 276.06 ($3.44). Approximately 374,608 shares traded hands during mid-day trading, an increase of 5% from the average daily volume of 358,464 shares. The stock had previously closed at GBX 276 ($3.44).

Schroder Oriental Income Trading Up 0.0 %

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 £673.98 million, a price-to-earnings ratio of 5,521.26 and a beta of 0.67. The firm’s 50-day moving average is GBX 273.45 and its 200 day moving average is GBX 273.27.

Schroder Oriental Income Increases Dividend

The firm also recently declared a dividend, which was paid on Friday, November 29th. Stockholders of record on Thursday, November 14th were issued a dividend of GBX 6 ($0.07) per share. This represents a dividend yield of 2.22%. The ex-dividend date of this dividend was Thursday, November 14th. This is a positive change from Schroder Oriental Income’s previous dividend of $2.00. Schroder Oriental Income’s payout ratio is 24,000.00%.

Schroder Oriental Income Company Profile

Asian companies are increasingly world-leading and returning cash to shareholders. The Schroder Oriental Income Fund aims to tap into the Asian income story and help investors diversify their dividends.