Schroder Oriental Income (LON:SOI) Hits New 1-Year Low - What's Next?

Schroder Oriental Income (LON:SOI - Get Free Report)'s share price reached a new 52-week low during trading on Monday . The company traded as low as GBX 235 ($3.08) and last traded at GBX 235.84 ($3.09), with a volume of 549690 shares. The stock had previously closed at GBX 252.50 ($3.30).

Schroder Oriental Income Stock Up 0.4 %

The company has a market cap of £577.82 million, a P/E ratio of 5.44 and a beta of 0.67. The firm has a fifty day moving average price of GBX 269.93 and a 200 day moving average price of GBX 272.98.

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. This represents a yield of 0.71%. The ex-dividend date was Wednesday, January 29th. Schroder Oriental Income's dividend payout ratio is currently 26.28%.

Insider Buying and Selling at Schroder Oriental Income

In other news, insider Nick Winsor acquired 20,000 shares of Schroder Oriental Income stock in a transaction on Monday, January 13th. The shares were purchased at an average price of GBX 278 ($3.64) per share, with a total value of £55,600 ($72,774.87). Corporate insiders own 0.02% of the company's stock.

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.