Schroder Income Growth (LON:SCF - Get Free Report) crossed below its 50 day moving average during trading on Monday . The stock has a 50 day moving average of GBX 280.20 ($3.43) and traded as low as GBX 271.90 ($3.33). Schroder Income Growth shares last traded at GBX 273 ($3.34), with a volume of 97,821 shares trading hands.
Schroder Income Growth Price Performance
The company's 50-day moving average is GBX 280.20 and its 200-day moving average is GBX 286.79. The firm has a market capitalization of £188.93 million, a price-to-earnings ratio of 1,182.61 and a beta of 0.89. The company has a debt-to-equity ratio of 13.93, a current ratio of 0.12 and a quick ratio of 0.17.
Schroder Income Growth Cuts Dividend
The company also recently announced a dividend, which will be paid on Monday, January 27th. Stockholders of record on Tuesday, December 24th will be issued a dividend of GBX 3.25 ($0.04) per share. This represents a dividend yield of 1.14%. The ex-dividend date is Tuesday, December 24th. Schroder Income Growth's payout ratio is currently 6,086.96%.
Insider Activity at Schroder Income Growth
In related news, insider Fraser McIntyre purchased 3,543 shares of the firm's stock in a transaction on Wednesday, December 18th. The stock was purchased at an average price of GBX 281 ($3.44) per share, for a total transaction of £9,955.83 ($12,182.86). 2.62% of the stock is currently owned by insiders.
Schroder Income Growth Company Profile
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Schroder Income Growth Fund plc is an open ended equity mutual fund launched and managed by Schroder Investment Management Limited. The fund invests in the public equity markets of the United Kingdom. It seeks to invest in stocks of companies operating across diversified sectors. The fund benchmarks the performance of its portfolio against the FTSE All Share Total Return Index.
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