Schroder Income Growth (LON:SCF - Get Free Report) shares reached a new 52-week high during mid-day trading on Monday . The stock traded as high as GBX 309 ($4.20) and last traded at GBX 306 ($4.16), with a volume of 137862 shares changing hands. The stock had previously closed at GBX 309 ($4.20).
Schroder Income Growth Trading Up 0.6%
The company's 50-day moving average is GBX 290.32 and its 200 day moving average is GBX 287.09. The stock has a market capitalization of £216.56 million, a PE ratio of 5.81 and a beta of 0.89.
Schroder Income Growth (LON:SCF - Get Free Report) last posted its quarterly earnings results on Wednesday, May 14th. The company reported GBX 2.84 ($0.04) earnings per share (EPS) for the quarter. Schroder Income Growth had a net margin of 91.20% and a return on equity of 17.23%.
Schroder Income Growth Announces Dividend
The company also recently disclosed a dividend, which was paid on Wednesday, April 30th. Stockholders of record on Thursday, April 3rd were paid a GBX 3.25 ($0.04) dividend. This represents a dividend yield of 1.11%. The ex-dividend date was Thursday, April 3rd. Schroder Income Growth's payout ratio is 26.14%.
Insiders Place Their Bets
In related news, insider Ewen Cameron Watt purchased 5,000 shares of the firm's stock in a transaction on Tuesday, April 8th. The stock was bought at an average cost of GBX 263 ($3.57) per share, with a total value of £13,150 ($17,857.14). 2.62% of the stock is owned by insiders.
Schroder Income Growth Company Profile
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- Targets outperformance by investing in the shares of companies paying dividends that should grow faster than the rate of inflation.
- Has raised its dividend consistently for the past 24 years, making it an attractive proposition for income-seeking investors.
- Managed by Sue Noffke, who has more than 20 years of investment experience specialising in UK equities.
- Fundamental research is at the heart of the investment process and Sue looks for out of favour companies that have the potential to deliver strong future returns.
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