Schroder Oriental Income (LON:SOI) Sets New 12-Month Low – What’s Next?

Schroder Oriental Income (LON:SOI) hit a new 52-week low during mid-day trading on Monday . The company traded as low as GBX 235 ($3.03) and last traded at GBX 235.84 ($3.04), with a volume of 549690 shares traded. The stock had previously closed at GBX 252.50 ($3.25).

Schroder Oriental Income Stock Down 6.9 %

The company has a market capitalization of £546.43 million, a price-to-earnings ratio of 5.15 and a beta of 0.67. The business has a 50-day moving average price of GBX 274.42 and a 200-day moving average price of GBX 274.26.

Schroder Oriental Income Cuts Dividend

The business also recently disclosed a dividend, which was paid on Friday, April 4th. Shareholders of record on Wednesday, January 29th were issued a dividend of GBX 2 ($0.03) per share. The ex-dividend date was Wednesday, January 29th. This represents a yield of 0.71%. Schroder Oriental Income’s payout ratio is presently 26.28%.

Insider Buying and Selling at Schroder Oriental Income

In other news, insider Nick Winsor acquired 20,000 shares of the stock in a transaction on Monday, January 13th. The shares were purchased at an average cost of GBX 278 ($3.58) per share, for a total transaction of £55,600 ($71,667.96). Insiders own 0.02% of the company’s stock.

Schroder Oriental Income Company Profile

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.