Insider Buying: Schroder Oriental Income (LON:SOI) Insider Purchases 20,000 Shares of Stock

Schroder Oriental Income (LON:SOI) insider Nick Winsor bought 20,000 shares of the business’s stock in a transaction that occurred on Monday, January 13th. The shares were acquired at an average price of GBX 278 ($3.40) per share, for a total transaction of £55,600 ($68,028.88).

Schroder Oriental Income Price Performance

SOI stock opened at GBX 280.50 ($3.43) on Friday. The company has a market capitalization of £684.81 million, a P/E ratio of 5,610.00 and a beta of 0.67. The company has a fifty day moving average price of GBX 274.34 and a 200-day moving average price of GBX 273.48. 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 has a 52-week low of GBX 234.25 ($2.87) and a 52-week high of GBX 288 ($3.52).

Schroder Oriental Income Increases Dividend

The business also recently announced a dividend, which was paid on Friday, November 29th. Investors of record on Thursday, November 14th were given a dividend of GBX 6 ($0.07) per share. This is a positive change from Schroder Oriental Income’s previous dividend of $2.00. This represents a yield of 2.22%. The ex-dividend date was Thursday, November 14th. Schroder Oriental Income’s dividend payout ratio (DPR) is currently 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.