Schroder Income Growth (LON:SCF) Hits New 52-Week High – What’s Next?

Schroder Income Growth (LON:SCF)’s stock price hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as GBX 363 and last traded at GBX 360, with a volume of 73214 shares traded. The stock had previously closed at GBX 359.

Schroder Income Growth Price Performance

The stock has a market cap of £243.56 million, a P/E ratio of 12.20 and a beta of 0.89. The company has a 50 day simple moving average of GBX 351.38 and a 200-day simple moving average of GBX 333.84.

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.