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

Schroder Income Growth (LON:SCF) issued its quarterly earnings data on Tuesday. The company reported GBX 13.62 earnings per share (EPS) for the quarter, Digital Look Earnings reports. Schroder Income Growth had a return on equity of 21.54% and a net margin of 94.75%. The business had revenue of GBX 1,030 million for the quarter.

Schroder Income Growth Price Performance

LON:SCF opened at GBX 369 on Thursday. The firm has a market capitalization of £237.45 million, a price-to-earnings ratio of 4.63 and a beta of 1.07. The company has a debt-to-equity ratio of 9.70, a current ratio of 0.34 and a quick ratio of 0.17. The business has a 50 day simple moving average of GBX 364.68 and a 200-day simple moving average of GBX 358.91. Schroder Income Growth has a 1 year low of GBX 315 and a 1 year high of GBX 379.

Insider Buying and Selling at Schroder Income Growth

In related news, insider Fraser McIntyre bought 247 shares of the business’s stock in a transaction dated Tuesday, November 3rd. The shares were purchased at an average price of GBX 364 per share, with a total value of £899.08. Corporate insiders own 0.49% of the company’s stock.

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.