REG - Schroder Orientl Inc - Dividend Declaration

Schroder Oriental Income FundAnnouncement

Yesterday 16:15

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RNS Number : 6351A  Schroder Oriental Income Fund Ltd  15 April 2026

 

15 April 2026

 

Second interim dividend

For the year ending 31 August 2026

 

Schroder Oriental Income Fund Limited ("the Company") announces that the
directors of the Company have declared the payment of a second interim
dividend of 2.5 pence per share for the year ending 31 August 2026 on the
ordinary shares of the Company.

 

 Ex-dividend date:    23 April 2026
 Record date:         24 April 2026
 Payment date:        12 May 2026
 Dividend per share:  2.5 pence

 

In February, the Board reviewed the Company's distribution profile and noted
that dividend payments had become disproportionately weighted towards the year
end. Accordingly, the increase in the second interim dividend from 2.0
pence per share (the first interim dividend) to 2.5 pence per
share reflects the Board's intention to provide shareholders with a smoother
dividend distribution in the financial year ending 31 August 2026. There is
no change to the Company's overall progressive dividend policy.

 

Consistent with this, and subject to the Company's distributable income,
market conditions and the Board's ongoing assessment, the Board currently
expects the third interim dividend to be broadly in line with the second
interim dividend. As a result, the final dividend is expected to represent a
smaller proportion of the total annual distribution than in recent years with
the size of the final dividend being determined in light of the payments made
throughout the year rather than simply by looking at the final dividend from
last year.

 

 

 

Enquiries:
 

 

Natalia de Sousa / Phoebe Merrell

Schroder Investment Management
Limited
           Tel: 020 7658 6000

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