Schroder Income Growth (LON:SCF) Posts Quarterly Earnings Results

Schroder Income Growth (LON:SCF) issued its quarterly earnings results on Tuesday. The company reported GBX 13.62 earnings per share for the quarter, Digital Look Earnings reports. The business had revenue of GBX 1,030 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 Stock Performance

Shares of LON:SCF traded up GBX 3.29 during midday trading on Tuesday, reaching GBX 369.29. The company’s stock had a trading volume of 63,907 shares, compared to its average volume of 88,593. Schroder Income Growth has a twelve month low of GBX 315 and a twelve month high of GBX 379. The company has a quick ratio of 0.17, a current ratio of 0.34 and a debt-to-equity ratio of 9.70. The firm has a market capitalization of £237.63 million, a PE ratio of 4.63 and a beta of 1.07. The stock has a fifty day moving average of GBX 364.94 and a 200 day moving average of GBX 358.75.

Insiders Place Their Bets

In other news, insider Fraser McIntyre purchased 247 shares of the company’s stock in a transaction that occurred on Tuesday, November 3rd. The shares were bought at an average price of GBX 364 per share, for a total transaction of £899.08. Corporate insiders own 0.49% of the company’s stock.

About Schroder Income Growth

– 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.