Schroder Income Growth (LON:SCF - Get Free Report) shares crossed below its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of GBX 286.34 ($3.81) and traded as low as GBX 285 ($3.79). Schroder Income Growth shares last traded at GBX 287.67 ($3.83), with a volume of 125,142 shares traded.
Schroder Income Growth Stock Up 1.2 %
The stock's 50 day moving average price is GBX 286.19 and its 200-day moving average price is GBX 283.68. The stock has a market capitalization of £201.24 million, a PE ratio of 5.40 and a beta of 0.89.
Schroder Income Growth Dividend Announcement
The firm also recently declared 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 payout ratio is 26.14%.
Insiders Place Their Bets
In other news, insider Ewen Cameron Watt acquired 5,000 shares of the firm's stock in a transaction that occurred on Tuesday, April 8th. The stock was purchased at an average cost of GBX 263 ($3.50) per share, for a total transaction of £13,150 ($17,509.99). 2.62% of the stock is owned by insiders.
About Schroder Income Growth
(
Get Free Report)
- 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.
See Also
Before you consider Schroder Income Growth, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Schroder Income Growth wasn't on the list.
While Schroder Income Growth currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Which stocks are hedge funds and endowments buying in today's market? Enter your email address and we'll send you MarketBeat's list of thirteen stocks that institutional investors are buying now.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
