Schroder Income Growth (LON:SCF) Share Price Crosses Above Fifty Day Moving Average of $290.61

Shares of Schroder Income Growth (LON:SCF) crossed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of GBX 290.61 ($3.83) and traded as high as GBX 297.50 ($3.92). Schroder Income Growth shares last traded at GBX 297.50 ($3.92), with a volume of 117,400 shares.

Schroder Income Growth Price Performance

The company has a debt-to-equity ratio of 13.93, a quick ratio of 0.17 and a current ratio of 0.12. The company has a market capitalization of £206.78 million, a P/E ratio of 1,293.48 and a beta of 0.89. The firm’s fifty day moving average is GBX 290.61 and its 200 day moving average is GBX 279.87.

Schroder Income Growth Dividend Announcement

The firm also recently announced a dividend, which was paid on Wednesday, July 31st. Stockholders of record on Thursday, July 4th were paid a dividend of GBX 2.50 ($0.03) per share. The ex-dividend date was Thursday, July 4th. This represents a dividend yield of 0.88%. Schroder Income Growth’s dividend payout ratio is 6,086.96%.

About Schroder Income Growth

Schroder Income Growth Fund plc is an open ended equity mutual fund launched and managed by Schroder Investment Management Limited. The fund invests in the public equity markets of the United Kingdom. It seeks to invest in stocks of companies operating across diversified sectors. The fund benchmarks the performance of its portfolio against the FTSE All Share Total Return Index.