Schroder Income Growth (LON:SCF) Insider Fraser McIntyre Purchases 3,543 Shares

Schroder Income Growth (LON:SCF) insider Fraser McIntyre purchased 3,543 shares of Schroder Income Growth stock in a transaction that occurred on Wednesday, December 18th. The stock was purchased at an average price of GBX 281 ($3.51) per share, with a total value of £9,955.83 ($12,443.23).

Schroder Income Growth Price Performance

Shares of LON:SCF opened at GBX 274 ($3.42) on Friday. The company’s fifty day moving average is GBX 283.21 and its two-hundred day moving average is GBX 288.31. The company has a market cap of £190.32 million, a P/E ratio of 1,191.30 and a beta of 0.89. Schroder Income Growth has a 12-month low of GBX 248 ($3.10) and a 12-month high of GBX 305 ($3.81). The company has a quick ratio of 0.17, a current ratio of 0.12 and a debt-to-equity ratio of 13.93.

Schroder Income Growth Cuts Dividend

The firm also recently declared a dividend, which will be paid on Monday, January 27th. Investors of record on Tuesday, December 24th will be given 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.