Schroder Income Growth (LON:SCF) Hits New 52-Week High - Here's Why

Schroder Income Growth (LON:SCF - Get Free Report)'s stock price reached a new 52-week high during trading on Wednesday . The company traded as high as GBX 315 ($4.23) and last traded at GBX 310 ($4.16), with a volume of 82101 shares trading hands. The stock had previously closed at GBX 312 ($4.19).

Schroder Income Growth Stock Up 0.3%

The company has a market cap of £217.95 million, a PE ratio of 5.84 and a beta of 0.89. The stock has a 50-day simple moving average of GBX 307.51 and a 200 day simple moving average of GBX 293.11.

Schroder Income Growth (LON:SCF - Get Free Report) last posted its earnings results on Wednesday, May 14th. The company reported GBX 2.84 ($0.04) EPS for the quarter. Schroder Income Growth had a return on equity of 17.23% and a net margin of 91.20%.

Schroder Income Growth Company Profile

- 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.