Schroder Income Growth (LON:SCF) Sets New 12-Month High – Here’s What Happened

Schroder Income Growth (LON:SCF)’s share price hit a new 52-week high on Tuesday . The company traded as high as GBX 377 and last traded at GBX 374, with a volume of 21741 shares changing hands. The stock had previously closed at GBX 375.

Schroder Income Growth Stock Performance

The stock has a 50-day simple moving average of GBX 361.24 and a 200-day simple moving average of GBX 354.91. The company has a debt-to-equity ratio of 9.70, a current ratio of 0.34 and a quick ratio of 0.17. The stock has a market cap of £244.87 million, a PE ratio of 4.69 and a beta of 1.08.

Schroder Income Growth (LON:SCF) last announced its quarterly earnings results on Wednesday, May 13th. The company reported GBX 3.97 EPS for the quarter. The company had revenue of GBX 338 million during the quarter. Schroder Income Growth had a return on equity of 21.54% and a net margin of 94.75%.

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.