Schroder Oriental Income Fund Limited (LON:SOI) announced a dividend on Monday, October 28th, Upcoming.Co.Uk reports. Investors of record on Thursday, November 7th will be given a dividend of GBX 4.60 ($0.06) per share on Friday, November 29th. This represents a dividend yield of 1.8%. The ex-dividend date is Thursday, November 7th. This is a boost from Schroder Oriental Income Fund’s previous dividend of $1.90. The official announcement can be seen at this link.
Shares of LON SOI traded up GBX 2 ($0.03) during mid-day trading on Monday, hitting GBX 255 ($3.33). 150,679 shares of the stock traded hands, compared to its average volume of 220,339. The company has a debt-to-equity ratio of 7.55, a current ratio of 0.34 and a quick ratio of 0.34. Schroder Oriental Income Fund has a twelve month low of GBX 2.42 ($0.03) and a twelve month high of GBX 275 ($3.59). The company has a market cap of $673.70 million and a PE ratio of -102.00. The firm has a 50 day simple moving average of GBX 255.02 and a two-hundred day simple moving average of GBX 235.06.
In related news, insider Peter Rigg sold 12,142 shares of the firm’s stock in a transaction on Tuesday, October 1st. The stock was sold at an average price of GBX 255 ($3.33), for a total transaction of £30,962.10 ($40,457.47).
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.
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