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

Schroder Income Growth (LON:SCF) insider Fraser McIntyre purchased 3,543 shares of the company’s stock in a transaction dated Wednesday, December 18th. The stock was purchased at an average price of GBX 281 ($3.53) per share, with a total value of £9,955.83 ($12,512.04).

Schroder Income Growth Stock Performance

LON:SCF opened at GBX 278 ($3.49) on Friday. The company has a current ratio of 0.12, a quick ratio of 0.17 and a debt-to-equity ratio of 13.93. The company has a market capitalization of £193.10 million, a P/E ratio of 1,208.70 and a beta of 0.89. The firm has a 50-day moving average price of GBX 283.13 and a two-hundred day moving average price of GBX 288.23. Schroder Income Growth has a twelve month low of GBX 248 ($3.12) and a twelve month high of GBX 305 ($3.83).

Schroder Income Growth Cuts Dividend

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