Schroder Income Growth (LON:SCF) Share Price Crosses Below 50 Day Moving Average of $287.69

Schroder Income Growth (LON:SCF) shares passed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of GBX 287.69 ($3.64) and traded as low as GBX 286 ($3.62). Schroder Income Growth shares last traded at GBX 290 ($3.67), with a volume of 164,046 shares traded.

Schroder Income Growth Stock Up 0.6 %

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 stock has a 50 day simple moving average of GBX 287.69 and a 200 day simple moving average of GBX 274.46. The firm has a market capitalization of £202.61 million, a PE ratio of 1,260.87 and a beta of 0.89.

Schroder Income Growth Dividend Announcement

The company also recently announced a dividend, which will be paid on Wednesday, July 31st. Investors of record on Thursday, July 4th will be paid a GBX 2.50 ($0.03) dividend. This represents a dividend yield of 0.88%. The ex-dividend date of this dividend is Thursday, July 4th. 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.