Schroder Income Growth (LON:SCF) Sets New 12-Month High – Here’s What Happened

Schroder Income Growth (LON:SCF)’s stock price hit a new 52-week high during trading on Tuesday . The company traded as high as GBX 377 and last traded at GBX 374, with a volume of 21741 shares changing hands. The stock had previously closed at GBX 375.

Schroder Income Growth Price Performance

The company has a 50-day moving average of GBX 361.24 and a two-hundred day moving average of GBX 354.91. The stock has a market capitalization of £244.87 million, a PE ratio of 4.69 and a beta of 1.08. The company has a debt-to-equity ratio of 9.70, a current ratio of 0.34 and a quick ratio of 0.17.

Schroder Income Growth (LON:SCF) last posted its quarterly earnings results on Wednesday, May 13th. The company reported GBX 3.97 EPS for the quarter. Schroder Income Growth had a return on equity of 21.54% and a net margin of 94.75%.The company had revenue of GBX 338 million during the quarter.

Schroder Income Growth Company Profile

– 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.