Schroder Income Growth (LON:SCF) Trading Down 0.3% – What’s Next?

Schroder Income Growth (LON:SCF)’s stock price dropped 0.3% during mid-day trading on Thursday . The stock traded as low as GBX 349 and last traded at GBX 351. Approximately 101,845 shares were traded during mid-day trading, a decline of 16% from the average daily volume of 121,728 shares. The stock had previously closed at GBX 352.

Schroder Income Growth Price Performance

The company has a fifty day moving average price of GBX 339.48 and a 200 day moving average price of GBX 325.18. The stock has a market cap of £237.81 million, a P/E ratio of 11.89 and a beta of 0.89.

Schroder Income Growth (LON:SCF) last posted its quarterly earnings results on Tuesday, November 11th. The company reported GBX 12.55 earnings per share (EPS) for the quarter. Schroder Income Growth had a net margin of 91.20% and a return on equity of 17.23%.

Insider Transactions at Schroder Income Growth

In related news, insider Fraser McIntyre acquired 129 shares of the company’s stock in a transaction on Wednesday, November 12th. The shares were acquired at an average cost of GBX 335 per share, for a total transaction of £432.15. Also, insider June Aitken bought 170 shares of Schroder Income Growth stock in a transaction dated Tuesday, November 4th. The stock was purchased at an average price of GBX 326 per share, with a total value of £554.20. 0.46% of the stock is owned by company insiders.

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.