Schroder Income Growth (LON:SCF) Issues Earnings Results

Schroder Income Growth (LON:SCF) released its earnings results on Tuesday. The company reported GBX 12.55 earnings per share for the quarter, Digital Look Earnings reports. Schroder Income Growth had a return on equity of 17.23% and a net margin of 91.20%.

Schroder Income Growth Stock Down 0.3%

Schroder Income Growth stock opened at GBX 337 on Thursday. The stock has a market cap of £228.77 million, a PE ratio of 5.89 and a beta of 0.89. Schroder Income Growth has a 12-month low of GBX 249 and a 12-month high of GBX 338. The business’s 50-day moving average price is GBX 323.31 and its two-hundred day moving average price is GBX 314.28.

Insider Buying and Selling at Schroder Income Growth

In other news, insider Fraser McIntyre purchased 129 shares of the company’s stock in a transaction dated Wednesday, November 12th. The stock was bought at an average cost of GBX 335 per share, for a total transaction of £432.15. Also, insider June Aitken bought 170 shares of the business’s stock in a transaction that occurred on Tuesday, November 4th. The shares were acquired at an average price of GBX 326 per share, for a total transaction of £554.20. 0.45% of the stock is currently owned by corporate insiders.

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.