Fraser McIntyre Buys 3,543 Shares of Schroder Income Growth (LON:SCF) Stock

Schroder Income Growth (LON:SCF) insider Fraser McIntyre bought 3,543 shares of the firm’s stock in a transaction on Wednesday, December 18th. The stock was acquired at an average price of GBX 281 ($3.53) per share, for a total transaction of £9,955.83 ($12,512.04).

Schroder Income Growth Stock Up 1.5 %

Shares of LON SCF opened at GBX 278 ($3.49) on Friday. The business has a 50-day moving average of GBX 283.13 and a 200-day moving average of GBX 288.24. The firm has a market capitalization of £193.10 million, a price-to-earnings ratio of 1,208.70 and a beta of 0.89. The company has a current ratio of 0.12, a quick ratio of 0.17 and a debt-to-equity ratio of 13.93. Schroder Income Growth has a 12 month low of GBX 248 ($3.12) and a 12 month high of GBX 305 ($3.83).

Schroder Income Growth Cuts Dividend

The business also recently disclosed a dividend, which will be paid on Monday, January 27th. Stockholders of record on Tuesday, December 24th will be given a dividend of GBX 3.25 ($0.04) per share. This represents a dividend yield of 1.14%. The ex-dividend date is Tuesday, December 24th. Schroder Income Growth’s dividend payout ratio (DPR) is currently 6,086.96%.

Schroder Income Growth Company Profile

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.