Schroder Income Growth (LON:SCF) Hits New 1-Year High – Here’s Why

Schroder Income Growth (LON:SCF) reached a new 52-week high during trading on Wednesday . The company traded as high as GBX 379 and last traded at GBX 379, with a volume of 47583 shares traded. The stock had previously closed at GBX 378.

Schroder Income Growth Trading Up 0.3%

The firm has a market capitalization of £248.14 million, a price-to-earnings ratio of 4.75 and a beta of 1.08. The firm’s 50 day moving average is GBX 364.80 and its 200 day moving average is GBX 356.39. The company has a quick ratio of 0.17, a current ratio of 0.34 and a debt-to-equity ratio of 9.70.

Insider Activity

In related news, insider Fraser McIntyre purchased 78 shares of the company’s stock in a transaction on Wednesday, August 12th. The shares were bought at an average price of GBX 376 per share, with a total value of £293.28. Corporate insiders own 0.48% of the company’s stock.

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.