Schroder Income Growth (LON:SCF) Insider Fraser McIntyre Acquires 78 Shares of Stock

Key Points

  • Insider purchase: Fraser McIntyre bought 78 Schroder Income Growth shares at GBX 376 each, for a total investment of £293.28.
  • Stock performance: Shares opened at GBX 373, near their 12-month high of GBX 378.75 and above the 50-day and 200-day moving averages.
  • Financial results and profile: The company reported quarterly EPS of GBX 3.97 and revenue of GBX 338 million. It targets dividend growth and has increased its dividend consistently for 24 years.

Schroder Income Growth (LON:SCF - Get Free Report) insider Fraser McIntyre purchased 78 shares of Schroder Income Growth stock in a transaction dated Wednesday, August 12th. The stock was bought at an average cost of GBX 376 per share, with a total value of £293.28.

Schroder Income Growth Stock Performance

Schroder Income Growth stock opened at GBX 373 on Friday. Schroder Income Growth has a 12-month low of GBX 311.90 and a 12-month high of GBX 378.75. The company has a debt-to-equity ratio of 9.70, a current ratio of 0.34 and a quick ratio of 0.17. The stock has a market capitalization of £244.21 million, a PE ratio of 4.68 and a beta of 1.08. The firm has a 50 day simple moving average of GBX 362.22 and a 200-day simple moving average of GBX 355.39.

Schroder Income Growth (LON:SCF - Get Free Report) last announced its earnings results on Wednesday, May 13th. The company reported GBX 3.97 EPS for the quarter. The firm had revenue of GBX 338 million for the quarter. Schroder Income Growth had a return on equity of 21.54% and a net margin of 94.75%.

Schroder Income Growth Company Profile

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- 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.

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