Schroder Income Growth Announces Dividend of GBX 3.25 (LON:SCF)

Schroder Income Growth (LON:SCF) announced a dividend on Thursday, December 12th,Upcoming Dividends.Co.Uk reports. Shareholders of record on Tuesday, December 24th will be paid a dividend of GBX 3.25 ($0.04) per share on Monday, January 27th. This represents a yield of 1.14%. The ex-dividend date of this dividend is Tuesday, December 24th. The official announcement can be viewed at this link.

Schroder Income Growth Stock Performance

Shares of LON SCF opened at GBX 278 ($3.49) on Friday. The company has a debt-to-equity ratio of 13.93, a quick ratio of 0.17 and a current ratio of 0.12. Schroder Income Growth has a 1 year low of GBX 248 ($3.12) and a 1 year high of GBX 305 ($3.83). The company’s fifty day moving average price is GBX 283.13 and its 200 day moving average price is GBX 288.23. The company has a market capitalization of £193.10 million, a PE ratio of 1,208.70 and a beta of 0.89.

Insider Buying and Selling

In other news, insider Fraser McIntyre purchased 3,543 shares of the company’s stock in a transaction that occurred on Wednesday, December 18th. The stock was purchased at an average cost of GBX 281 ($3.53) per share, for a total transaction of £9,955.83 ($12,512.04). 2.62% of the stock is owned by insiders.

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.