Schroder Income Growth (LON:SCF) Sets New 1-Year High - What's Next?

Key Points

• Schroder Income Growth (LON:SCF) reached a new 52-week high, trading at GBX 328 ($4.36), with a recent volume of 99,151 shares.
• The company has a market capitalization of £220.32 million and a notably high price-to-earnings ratio of 565.94.
• Schroder Income Growth has consistently raised its dividends for 24 years, making it appealing for income-focused investors.

Shares of Schroder Income Growth (LON:SCF - ) reached a new 52-week high on Friday . The stock traded as high as GBX 328 ($4.36) and last traded at GBX 324 ($4.31), with a volume of 99151 shares traded. The stock had previously closed at GBX 326 ($4.34).

Schroder Income Growth Trading Down 0.6%

The company has a market capitalization of £220.32 million, a price-to-earnings ratio of 565.94 and a beta of 0.89. The company has a 50 day moving average price of GBX 319.28 and a 200 day moving average price of GBX 306.13.

About Schroder Income Growth

- 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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