Schroder Income Growth (LON:SCF) Insider Buys £13,150 in Stock

Schroder Income Growth (LON:SCF) insider Ewen Cameron Watt purchased 5,000 shares of the business’s stock in a transaction dated Tuesday, April 8th. The shares were purchased at an average cost of GBX 263 ($3.41) per share, for a total transaction of £13,150 ($17,069.06).

Schroder Income Growth Trading Up 4.7 %

Schroder Income Growth stock opened at GBX 267 ($3.47) on Friday. The company has a market cap of £185.92 million, a PE ratio of 4.99 and a beta of 0.89. Schroder Income Growth has a 1 year low of GBX 249 ($3.23) and a 1 year high of GBX 305 ($3.96). The company’s 50-day moving average is GBX 287.60 and its two-hundred day moving average is GBX 284.22.

Schroder Income Growth Dividend Announcement

The firm also recently disclosed a dividend, which will be paid on Wednesday, April 30th. Shareholders of record on Thursday, April 3rd will be paid a GBX 3.25 ($0.04) dividend. The ex-dividend date is Thursday, April 3rd. This represents a yield of 1.11%. Schroder Income Growth’s payout ratio is presently 26.14%.

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.