Schroder Oriental Income (LON:SOI) Stock Price Up 0% – Here’s What Happened

Schroder Oriental Income (LON:SOI) shot up 0% during trading on Tuesday . The stock traded as high as GBX 276.50 ($3.45) and last traded at GBX 276.06 ($3.44). 374,608 shares were traded during trading, an increase of 5% from the average session volume of 358,464 shares. The stock had previously closed at GBX 276 ($3.44).

Schroder Oriental Income Price Performance

The business has a 50-day moving average price of GBX 273.45 and a two-hundred day moving average price of GBX 273.27. The company has a quick ratio of 0.41, a current ratio of 0.35 and a debt-to-equity ratio of 6.09. The company has a market capitalization of £673.98 million, a price-to-earnings ratio of 5,521.26 and a beta of 0.67.

Schroder Oriental Income Increases Dividend

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