The Lemon Fool

https://www.investegate.co.uk/schroder- ... 22360901E/

Schroder Oriental Income Fund Limited (the "Company") announces that the directors of the Company have declared the payment of a fourth interim dividend of 4.60 pence per share for the year ending 31 August 2020 on the ordinary shares of the Company.

The total dividends for the year will be 10.30 pence per share, representing an increase of 2% on the total dividends of 10.10 pence per share paid last year.


Ex-dividend date: 12 November 2020

Record date: 13 November 2020

Payment date: 30 November 2020

Dividend per share: 4.60 pence

Thanks for that. I had a little cash in that particular broker account so mopped it up by buying some more SOI. Yes, I could have bought MYI in the same account at a higher yield - however, I'm keeping them somewhere near equal in weight. SOI has been rather more successful on the capital side, depending which period one checks.


Arb.

SOI's Annual Finacial Report is out today. It includes:

Notification that the Manager Matthew Dobbs is leaving.
That the tax domicile has changed from Guernsey to the UK.

Fourth interim dividend declared of 4.60p (2019: 4.60p)

Schroder Orientl Inc
Annual Financial Report
RNS Number : 1988F
Schroder Oriental Income Fund Ltd
13 November 2020

After a long and distinguished career in the fund management industry, the Company's portfolio manager Matthew Dobbs, will be retiring in early 2021.
Richard Sennitt, a close colleague of Matthew's over the last 13 years, will be taking over as portfolio manager of the Company. Richard joined Schroders in 1993 and has become well known to the board over an extended period. Having engaged extensively with Schroders about this transition process we are confident that Richard will be an excellent successor to Matthew. The board looks forward to working with him as he takes on the role of portfolio manager from 31 December 2020.

https://www.investegate.co.uk/schroder- ... 00061988F/

https://www.investegate.co.uk/ArticlePr ... 637195707F


Third interim dividend

For the year ending 31 August 2021

Schroder Oriental Income Fund Limited (the "Company") announces that the directors of the Company have declared the payment of a third interim dividend of 1.90 pence per share for the year ending 31 August 2021 on the ordinary shares of the Company.

Ex-dividend date: 5 August 2021

Record date: 6 August 2021

Payment date: 27 August 2021

Dividend per share: 1.90 pence

"Schroder Oriental Income Fund Limited (the "Company") announces that the directors of the Company have declared the payment of a fourth interim dividend of 4.80 pence per share for the year ending 31 August 2021 on the ordinary shares of the Company."

https://www.investegate.co.uk/schroder- ... 00114246R/

Ex-dividend date: 11 November 2021

Payment date: 30 November 2021

Dividend per share: 4.80 pence

monabri wrote:"Schroder Oriental Income Fund Limited (the "Company") announces that the directors of the Company have declared the payment of a fourth interim dividend of 4.80 pence per share for the year ending 31 August 2021 on the ordinary shares of the Company."

https://www.investegate.co.uk/schroder- ... 00114246R/

Ex-dividend date: 11 November 2021

Payment date: 30 November 2021

Dividend per share: 4.80 pence

I just stumbled across this one, as well. I note the 4th (final) dividend last year was 4.60p, so this year's final is a modest increase.

Schroder Oriental Income trust Half Yearly Report and Accounts to 28th February 2022:

A second interim dividend of 1.90p (2021: 1.90p) per share, has been
declared payable in respect of the year ending 31 August 2022.

https://www.rns-pdf.londonstockexchange ... 2-5-21.pdf

richfool wrote:Schroder Oriental Income trust Half Yearly Report and Accounts to 28th February 2022:

A second interim dividend of 1.90p (2021: 1.90p) per share, has been
declared payable in respect of the year ending 31 August 2022.

https://www.rns-pdf.londonstockexchange ... 2-5-21.pdf

I saw this as well. However, I believe the second interim dividend to which they are referring is the dividend that was paid on 13th May. I may be wrong though.

Karen

Peltiq wrote:

richfool wrote:Schroder Oriental Income trust Half Yearly Report and Accounts to 28th February 2022:

A second interim dividend of 1.90p (2021: 1.90p) per share, has been
declared payable in respect of the year ending 31 August 2022.

https://www.rns-pdf.londonstockexchange ... 2-5-21.pdf

I saw this as well. However, I believe the second interim dividend to which they are referring is the dividend that was paid on 13th May. I may be wrong though.

Karen

You are correct. This second interim dividend was declared on 14 April 2022 by an RNS of that date and then paid on 13 May.

I thought the more important point was the reduction in the performance fee (although they do not seem to call it that) which was mentioned in the Chairman's statement

Dod

Whatever.
SOI seems to have been doing quite well over the years, so this morning I topped up a little more, making it one of my bigger holdings. This act of mine is oddly coincident with the conversation here today.


Arb,

https://www.investegate.co.uk/schroder- ... 23571715S/

Is that a +5% increase in dividend? That'd be slightly ahead of the 5 year dividend growth increase ( see AIC link below). If so, that's encouraging.

https://www.theaic.co.uk/companydata/0P ... /dividends



(I don't hold shares in SOI..maybe a consideration for a future buy when dividends accumulate. ).

monabri wrote:https://www.investegate.co.uk/schroder-orientl-inc/rns/dividend-declaration/202207121023571715S/

Is that a +5% increase in dividend? That'd be slightly ahead of the 5 year dividend growth increase ( see AIC link below). If so, that's encouraging.

https://www.theaic.co.uk/companydata/0P ... /dividends



(I don't hold shares in SOI..maybe a consideration for a future buy when dividends accumulate. ).

On 12 May they paid a dividend of 1.9p as the second dividend of the year. This third one is 2.0p and I calculate that is just over a 5% increase. Good news.

I sold HFEL and bought Schroder Oriental Income. It is doing fine for me. I prefer not to have to rely on a very high yield (and usually at the expense of capital growth, sometimes negative!)

Dod

Dod101 wrote:

monabri wrote:https://www.investegate.co.uk/schroder-orientl-inc/rns/dividend-declaration/202207121023571715S/

Is that a +5% increase in dividend? That'd be slightly ahead of the 5 year dividend growth increase ( see AIC link below). If so, that's encouraging.

https://www.theaic.co.uk/companydata/0P ... /dividends



(I don't hold shares in SOI..maybe a consideration for a future buy when dividends accumulate. ).

On 12 May they paid a dividend of 1.9p as the second dividend of the year. This third one is 2.0p and I calculate that is just over a 5% increase. Good news.

Dod

But SOI's dividends re not equal; there is a much larger final dividend. I am not expecting a 5% increase for the year, but hopefully I'll be proved wrong ! To achieve a 5% increase for the year, we are going to need an 8.3% increase in the final from 4.8p up to 5.2p.

This approach of 2 interim divis followed by a third slightly higher has been reasonably common for them, but of course things changed when Covid arrived. I think we can expect the first two dividends next year to be 2.0p.


Some previous years (taken from https://uk.advfn.com/p.php?pid=financials&symbol=LSE%3ASOI)

2017 1.6, 1.7, 1.7, 4.2 = 9.2 [*]
2018 1.7, 1.7, 1.8, 4.5 = 9.7 (+5.4%)
2019 1.8, 1.8, 1.9, 4.6 = 10.1 (+4.1%)
2020 1.9, 1.9, 1.9, 4.6 = 10.3 (+2.0%)
2021 1.9, 1.9, 1.9, 4.8 = 10.5 (+1.9%
2022 1.9, 1.9, 2.0, 5.0 = 10.8 (+2.9%)

Red = my estimation.
[*] ADVFN link has incorrect figures for 2017, see https://www.schroders.com/en/sysglobalassets/investment-trusts/oriental-income/soifl-ra-2017_247213_v1.pdf?oid=1.9.2857071 Note 8

mike wrote:

Dod101 wrote:

monabri wrote:https://www.investegate.co.uk/schroder-orientl-inc/rns/dividend-declaration/202207121023571715S/

Is that a +5% increase in dividend? That'd be slightly ahead of the 5 year dividend growth increase ( see AIC link below). If so, that's encouraging.

https://www.theaic.co.uk/companydata/0P ... /dividends



(I don't hold shares in SOI..maybe a consideration for a future buy when dividends accumulate. ).

On 12 May they paid a dividend of 1.9p as the second dividend of the year. This third one is 2.0p and I calculate that is just over a 5% increase. Good news.

Dod

But SOI's dividends re not equal; there is a much larger final dividend. I am not expecting a 5% increase for the year, but hopefully I'll be proved wrong ! To achieve a 5% increase for the year, we are going to need an 8.3% increase in the final from 4.8p up to 5.2p.

This approach of 2 interim divis followed by a third slightly higher has been reasonably common for them, but of course things changed when Covid arrived. I think we can expect the first two dividends next year to be 2.0p.


Some previous years (taken from https://uk.advfn.com/p.php?pid=financials&symbol=LSE%3ASOI)

2017 1.6, 1.7, 1.7, 4.2 = 9.2 [*]
2018 1.7, 1.7, 1.8, 4.5 = 9.7 (+5.4%)
2019 1.8, 1.8, 1.9, 4.6 = 10.1 (+4.1%)
2020 1.9, 1.9, 1.9, 4.6 = 10.3 (+2.0%)
2021 1.9, 1.9, 1.9, 4.8 = 10.5 (+1.9%
2022 1.9, 1.9, 2.0, 5.0 = 10.8 (+2.9%)

Red = my estimation.
[*] ADVFN link has incorrect figures for 2017, see https://www.schroders.com/en/sysglobalassets/investment-trusts/oriental-income/soifl-ra-2017_247213_v1.pdf?oid=1.9.2857071 Note 8

Thanks for all these numbers. I have only held this trust for a couple of years or so and do not find their website easy to find what I want.. It will anyway be interesting to see what the final turns out to be.

Dod

"Fourth Interim" dividend.

https://www.investegate.co.uk/schroder- ... 00081428F/

Ex-dividend date: 10 November 2022

Record date: 11 November 2022

Payment date: 30 November 2022

Dividend per share: 5.60 pence

Quite encouraging!

monabri wrote:"Fourth Interim" dividend.

https://www.investegate.co.uk/schroder- ... 00081428F/

Ex-dividend date: 10 November 2022

Record date: 11 November 2022

Payment date: 30 November 2022

Dividend per share: 5.60 pence

Quite encouraging!

Thanks I look forward to their Annual Report. In the meantime that fourth Interim makes an increase for the year of 8.57% which I find very acceptable.

Dod

Dod101 wrote:

monabri wrote:"Fourth Interim" dividend.

https://www.investegate.co.uk/schroder- ... 00081428F/

Ex-dividend date: 10 November 2022

Record date: 11 November 2022

Payment date: 30 November 2022

Dividend per share: 5.60 pence

Quite encouraging!

Thanks I look forward to their Annual Report. In the meantime that fourth Interim makes an increase for the year of 8.57% which I find very acceptable.

Dod

Annual report out today, and is very encouraging.

In addition to the 8+% increase in dividend, the revenue reserve increased by 20% in monetary terms and is now 14 months. There is a cautionary note on sterling weakness, by overall very pleasing indeed.

https://www.investegate.co.uk/schroder-orientl-inc--soi-/rns/annual-financial-report/202211040700042938F/

mike wrote:

Dod101 wrote:

monabri wrote:"Fourth Interim" dividend.

https://www.investegate.co.uk/schroder- ... 00081428F/

Ex-dividend date: 10 November 2022

Record date: 11 November 2022

Payment date: 30 November 2022

Dividend per share: 5.60 pence

Quite encouraging!

Thanks I look forward to their Annual Report. In the meantime that fourth Interim makes an increase for the year of 8.57% which I find very acceptable.

Dod

Annual report out today, and is very encouraging.

In addition to the 8+% increase in dividend, the revenue reserve increased by 20% in monetary terms and is now 14 months. There is a cautionary note on sterling weakness, by overall very pleasing indeed.

https://www.investegate.co.uk/schroder-orientl-inc--soi-/rns/annual-financial-report/202211040700042938F/

Excellent. Will look at it over the weekend. I guess the weakening of sterling against the US Dollar must have helped. Many of the Far Eastern currencies are linked to the US Dollar one way or another.

Dod

https://www.investegate.co.uk/schroder- ... 26155498M/

"Schroder Oriental Income Fund Limited (the "Company") announces that the directors of the Company have declared the payment of a first interim dividend of 2.00 pence per share for the year ending 31 August 2023 on the ordinary shares of the Company."

Ex-dividend date: 26 January 2023

Record date: 27 January 2023

Payment date: 10 February 2023

Schroder Oriental Income Fund Limited (SOI) first interim dividend:

First interim dividend

For the year ending 31 August 2024

Schroder Oriental Income Fund Limited (the "Company") announces that the directors of the Company have declared the payment of a first interim dividend of 2.00 pence per share for the year ending 31 August 2024 on the ordinary shares of the Company.

Ex-dividend date: 1 February 2024

Record date: 2 February 2024

Payment date: 16 February 2024

Dividend per share: 2.00 pence

https://www.investegate.co.uk/announcem ... on/7994814

I don't hold SOI, but I do hold AAIF in that sector.