Insider Buying: Schroder Oriental Income (LON:SOI) Insider Purchases £55,600 in Stock

Schroder Oriental Income (LON:SOI) insider Nick Winsor bought 20,000 shares of the company’s stock in a transaction dated Monday, January 13th. The stock was bought at an average cost of GBX 278 ($3.40) per share, with a total value of £55,600 ($68,028.88).

Schroder Oriental Income Price Performance

SOI stock opened at GBX 280.50 ($3.43) on Friday. The stock has a market cap of £684.81 million, a price-to-earnings ratio of 5,610.00 and a beta of 0.67. The company has a debt-to-equity ratio of 6.09, a current ratio of 0.35 and a quick ratio of 0.41. The company has a 50 day simple moving average of GBX 274.34 and a 200 day simple moving average of GBX 273.48. Schroder Oriental Income has a 1 year low of GBX 234.25 ($2.87) and a 1 year high of GBX 288 ($3.52).

Schroder Oriental Income Increases Dividend

The business 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. The ex-dividend date was Thursday, November 14th. This is an increase from Schroder Oriental Income’s previous dividend of $2.00. This represents a dividend yield of 2.22%. Schroder Oriental Income’s dividend payout ratio is 24,000.00%.

About Schroder Oriental Income

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.