Schroder Income Growth (LON:SCF) Insider Acquires £293.28 in Stock

Schroder Income Growth (LON:SCF) insider Fraser McIntyre acquired 78 shares of the business’s stock in a transaction that occurred on Wednesday, August 12th. The shares were bought at an average price of GBX 376 per share, for a total transaction of £293.28.

Schroder Income Growth Price Performance

Shares of Schroder Income Growth stock remained flat at GBX 373 on Thursday. 27,003 shares of the stock traded hands, compared to its average volume of 93,014. The business has a 50 day simple moving average of GBX 361.90 and a 200-day simple moving average of GBX 355.24. The company has a current ratio of 0.34, a quick ratio of 0.17 and a debt-to-equity ratio of 9.70. The stock has a market cap of £244.21 million, a P/E ratio of 4.68 and a beta of 1.08. Schroder Income Growth has a twelve month low of GBX 311.90 and a twelve month high of GBX 378.75.

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

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.