Schroder Oriental Income (LON:SOI) Trading Down 1.5% – Should You Sell?

Schroder Oriental Income (LON:SOI) shares were down 1.5% on Tuesday . The stock traded as low as GBX 270 ($3.37) and last traded at GBX 271 ($3.39). Approximately 389,078 shares traded hands during trading, a decline of 13% from the average daily volume of 447,297 shares. The stock had previously closed at GBX 275 ($3.44).

Schroder Oriental Income Stock Performance

The company’s 50-day moving average price is GBX 272.67 and its two-hundred day moving average price is GBX 272.71. The company has a market capitalization of £661.62 million, a price-to-earnings ratio of 5,420.00 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.

Schroder Oriental Income Increases Dividend

The firm also recently disclosed a dividend, which was paid on Friday, November 29th. Stockholders of record on Thursday, November 14th were given a GBX 6 ($0.07) dividend. The ex-dividend date of this dividend was 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

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.