Schroder Oriental Income (LON:SOI) Shares Up 0.4% – Still a Buy?

Schroder Oriental Income (LON:SOI) traded up 0.4% during trading on Friday . The company traded as high as GBX 277 ($3.47) and last traded at GBX 274 ($3.43). 410,956 shares traded hands during mid-day trading, a decline of 7% from the average session volume of 444,139 shares. The stock had previously closed at GBX 273 ($3.42).

Schroder Oriental Income Stock Up 0.4 %

The company’s 50 day moving average is GBX 272.76 and its 200 day moving average is GBX 272.22. The company has a market cap of £668.94 million, a PE ratio of 5,480.00 and a beta of 0.67. The company has a current ratio of 0.35, a quick ratio of 0.41 and a debt-to-equity ratio of 6.09.

Schroder Oriental Income Increases Dividend

The business also recently announced a dividend, which will be paid on Friday, November 29th. Stockholders of record on Thursday, November 14th will be given a dividend of GBX 6 ($0.08) per share. The ex-dividend date is Thursday, November 14th. This is a positive change 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 (DPR) is 24,000.00%.

About Schroder Oriental Income

Schroder Oriental Income Fund Limited is a closed-ended equity mutual fund launched and managed by Schroder Unit Trusts Limited. The fund is co-managed by Schroder Investment Management Limited. It invests in the public equity markets of the Asia Pacific Region, including India and Australia. The fund invests in stocks of companies operating across diversified sectors.