Schroder Income Growth (LON:SCF) Releases Quarterly Earnings Results

Schroder Income Growth (LON:SCFGet Free Report) posted its quarterly earnings results on Wednesday. The company reported GBX 3.97 EPS for the quarter, Digital Look Earnings reports. Schroder Income Growth had a net margin of 85.60% and a return on equity of 8.73%. The company had revenue of GBX 338 million for the quarter.

Schroder Income Growth Stock Performance

LON SCF traded up GBX 5 during trading on Wednesday, hitting GBX 350. 75,989 shares of the company’s stock traded hands, compared to its average volume of 104,194. The company has a debt-to-equity ratio of 11.01, a quick ratio of 0.17 and a current ratio of 0.12. The stock has a market capitalization of £232.05 million, a price-to-earnings ratio of 11.86 and a beta of 1.07. Schroder Income Growth has a 12-month low of GBX 295.38 and a 12-month high of GBX 370. The business has a 50 day moving average of GBX 346.12 and a 200-day moving average of GBX 345.63.

About Schroder Income Growth

(Get Free Report)

– 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.

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