Schroder Income Growth (LON:SCF) Trading Down 1.5% - Time to Sell?

Key Points

• Schroder Income Growth shares fell by 1.5% during trading, with the stock last at GBX 319 ($4.25), a notable decrease from the previous close of GBX 324 ($4.32).
• The company boasts a market cap of £216.92 million and has consistently raised its dividends for the past 24 years, appealing to income-seeking investors.
• Managed by Sue Noffke, the firm focuses on investing in dividend-paying companies expected to grow faster than inflation, supported by fundamental research strategies.

Schroder Income Growth (LON:SCF - ) shares traded down 1.5% during trading on Monday . The company traded as low as GBX 318.25 ($4.24) and last traded at GBX 319 ($4.25). 160,174 shares were traded during mid-day trading, an increase of 89% from the average session volume of 84,715 shares. The stock had previously closed at GBX 324 ($4.32).

Schroder Income Growth Stock Down 1.5%

The company has a market cap of £216.92 million, a price-to-earnings ratio of 557.21 and a beta of 0.89. The firm has a 50-day simple moving average of GBX 319.66 and a 200 day simple moving average of GBX 306.67.

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.

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