Schroder UK Mid Cap (LON:SCP) Raises Dividend to GBX 15.50 Per Share

Schroder UK Mid Cap (LON:SCP) declared a dividend on Thursday, November 28th,Upcoming Dividends.Co.Uk reports. Investors of record on Thursday, January 30th will be paid a dividend of GBX 15.50 ($0.20) per share on Friday, February 28th. This represents a dividend yield of 2.55%. The ex-dividend date of this dividend is Thursday, January 30th. This is a positive change from Schroder UK Mid Cap’s previous dividend of $6.00. The official announcement can be accessed at this link.

Schroder UK Mid Cap Price Performance

Shares of LON:SCP opened at GBX 604.88 ($7.67) on Thursday. The firm has a 50 day moving average of GBX 605.24 and a 200-day moving average of GBX 619.17. Schroder UK Mid Cap has a 12 month low of GBX 533 ($6.76) and a 12 month high of GBX 686 ($8.70). The company has a current ratio of 0.10, a quick ratio of 0.22 and a debt-to-equity ratio of 8.76. The stock has a market capitalization of £209.17 million, a PE ratio of 1,156.16 and a beta of 1.27.

About Schroder UK Mid Cap

Schroder UK Mid Cap Fund plc is a closed-ended equity mutual fund launched and managed by Schroder Unit Trusts Ltd. The fund is co-managed by Schroder Investment Management Limited. It invests in the public equity markets of the United Kingdom. The fund seeks to invest in stocks of companies operating across diversified sectors.