Schroder Income Growth (LON:SCF) Releases Earnings Results

Schroder Income Growth (LON:SCF) posted its earnings results on Tuesday. The company reported GBX 13.62 earnings per share (EPS) for the quarter, Digital Look Earnings reports. Schroder Income Growth had a net margin of 94.75% and a return on equity of 21.54%. The business had revenue of GBX 1,030 million for the quarter.

Schroder Income Growth Price Performance

LON SCF traded up GBX 3.29 during trading hours on Tuesday, reaching GBX 369.29. The company’s stock had a trading volume of 63,907 shares, compared to its average volume of 88,593. The firm has a market capitalization of £237.63 million, a price-to-earnings ratio of 4.63 and a beta of 1.07. Schroder Income Growth has a 1-year low of GBX 315 and a 1-year high of GBX 379. 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 company’s 50-day moving average is GBX 364.94 and its two-hundred day moving average is GBX 358.75.

Insider Buying and Selling

In other Schroder Income Growth news, insider Fraser McIntyre acquired 247 shares of the business’s stock in a transaction dated Tuesday, November 3rd. The stock was acquired at an average cost of GBX 364 per share, for a total transaction of £899.08. Insiders own 0.49% of the company’s stock.

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.