Insider Buying: Schroder Income Growth (LON:SCF) Insider Purchases 5,000 Shares of Stock

Schroder Income Growth (LON:SCF - Get Free Report) insider Ewen Cameron Watt acquired 5,000 shares of the firm's stock in a transaction that occurred on Tuesday, April 8th. The shares were bought at an average price of GBX 263 ($3.44) per share, for a total transaction of £13,150 ($17,212.04).

Schroder Income Growth Stock Performance

Schroder Income Growth stock traded up GBX 13.50 ($0.18) during midday trading on Friday, reaching GBX 278 ($3.64). 80,232 shares of the stock were exchanged, compared to its average volume of 95,923. The company's fifty day moving average is GBX 287.46 and its 200-day moving average is GBX 284.12. Schroder Income Growth has a 52 week low of GBX 249 ($3.26) and a 52 week high of GBX 305 ($3.99). The firm has a market cap of £193.58 million, a PE ratio of 5.19 and a beta of 0.89.

Schroder Income Growth Dividend Announcement

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