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

Schroder Oriental Income (LON:SOI)’s share price shot up 0% during mid-day trading on Tuesday . The stock traded as high as GBX 276.50 ($3.42) and last traded at GBX 276.06 ($3.41). 374,608 shares changed hands during trading, an increase of 5% from the average session volume of 358,464 shares. The stock had previously closed at GBX 276 ($3.41).

Schroder Oriental Income Trading Up 0.2 %

The stock’s 50 day simple moving average is GBX 273.56 and its 200 day simple moving average is GBX 273.34. The firm has a market cap of £677.49 million, a PE ratio of 5,550.00 and a beta of 0.67. The company has a debt-to-equity ratio of 6.09, a quick ratio of 0.41 and a current ratio of 0.35.

Schroder Oriental Income Increases Dividend

The company also recently declared a dividend, which was paid on Friday, November 29th. Shareholders of record on Thursday, November 14th were paid a dividend of GBX 6 ($0.07) per share. The ex-dividend date was Thursday, November 14th. This represents a yield of 2.22%. 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.