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

Schroder Oriental Income (LON:SOI - Get Free Report) insider Nick Winsor bought 20,000 shares of the firm's stock in a transaction that occurred on Monday, January 13th. The stock was purchased at an average cost of GBX 278 ($3.39) per share, for a total transaction of £55,600 ($67,879.38).

Schroder Oriental Income Price Performance

LON:SOI traded up GBX 0.50 ($0.01) on Tuesday, reaching GBX 277.50 ($3.39). 172,271 shares of the company's stock traded hands, compared to its average volume of 1,075,167. The company has a quick ratio of 0.41, a current ratio of 0.35 and a debt-to-equity ratio of 6.09. The firm has a market cap of £677.49 million, a PE ratio of 5,550.00 and a beta of 0.67. Schroder Oriental Income has a 12 month low of GBX 234.25 ($2.86) and a 12 month high of GBX 288 ($3.52). The stock has a 50-day simple moving average of GBX 274.03 and a 200-day simple moving average of GBX 273.41.

Schroder Oriental Income Increases Dividend

The company 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 represents a dividend yield of 2.22%. This is an increase from Schroder Oriental Income's previous dividend of $2.00. Schroder Oriental Income's payout ratio is presently 24,000.00%.

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.