Insider Buying: Schroder Income Growth (LON:SCF) Insider Purchases 3,543 Shares of Stock

Schroder Income Growth (LON:SCF) insider Fraser McIntyre bought 3,543 shares of the business’s stock in a transaction on Wednesday, December 18th. The stock was bought 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 Trading Down 1.1 %

Schroder Income Growth stock opened at GBX 274 ($3.42) on Friday. 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. The stock has a market cap of £190.32 million, a P/E ratio of 1,191.30 and a beta of 0.89. The company’s fifty day simple moving average is GBX 283.21 and its 200-day simple moving average is GBX 288.31.

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 is Tuesday, December 24th. This represents a yield of 1.14%. Schroder Income Growth’s dividend payout ratio (DPR) 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.