Schroder Income Growth (LON:SCF) Insider Acquires £9,955.83 in Stock

Schroder Income Growth (LON:SCF) insider Fraser McIntyre bought 3,543 shares of the stock in a transaction on Wednesday, December 18th. The shares were bought at an average cost of GBX 281 ($3.53) per share, with a total value of £9,955.83 ($12,516.76).

Schroder Income Growth Stock Performance

LON:SCF opened at GBX 276 ($3.47) on Thursday. Schroder Income Growth has a fifty-two week low of GBX 248 ($3.12) and a fifty-two week high of GBX 305 ($3.83). The company has a debt-to-equity ratio of 13.93, a quick ratio of 0.17 and a current ratio of 0.12. The company has a 50 day moving average price of GBX 283.39 and a 200 day moving average price of GBX 288.41. The stock has a market capitalization of £191.71 million, a P/E ratio of 1,200.00 and a beta of 0.89.

Schroder Income Growth Cuts Dividend

The company also recently announced a dividend, which will be paid on Monday, January 27th. Investors of record on Tuesday, December 24th will be paid a dividend of GBX 3.25 ($0.04) per share. This represents a yield of 1.14%. The ex-dividend date of this dividend is Tuesday, December 24th. Schroder Income Growth’s payout ratio is 6,086.96%.

About Schroder Income Growth

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.