Schroder Income Growth (LON:SCF) Announces Dividend of GBX 6.70

Schroder Income Growth (LON:SCF) declared a dividend on Tuesday, September 24th, Upcoming.Co.Uk reports. Stockholders of record on Thursday, October 3rd will be paid a dividend of GBX 6.70 ($0.09) per share on Thursday, October 31st. This represents a dividend yield of 2.26%. The ex-dividend date is Thursday, October 3rd. This is a positive change from Schroder Income Growth’s previous dividend of $2.50. The official announcement can be accessed at this link.

Schroder Income Growth Price Performance

SCF traded up GBX 3 ($0.04) on Tuesday, reaching GBX 297 ($3.98). The company had a trading volume of 54,694 shares, compared to its average volume of 91,163. Schroder Income Growth has a 52-week low of GBX 247 ($3.31) and a 52-week high of GBX 305 ($4.08). The company has a market cap of £206.30 million, a price-to-earnings ratio of 1,276.87 and a beta of 0.89. 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 business has a 50 day simple moving average of GBX 292.84 and a 200 day simple moving average of GBX 284.17.

Schroder Income Growth Company Profile

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.