Schroder Income Growth (LON:SCF) to Issue GBX 3.25 Dividend

Schroder Income Growth (LON:SCF) announced a dividend on Tuesday, March 25th, DividendData.Co.Uk reports. Stockholders of record on Thursday, April 3rd will be given a dividend of GBX 3.25 ($0.04) per share on Wednesday, April 30th. This represents a dividend yield of 1.11%. The ex-dividend date is Thursday, April 3rd. The official announcement can be seen at this link.

Schroder Income Growth Price Performance

Schroder Income Growth stock traded up GBX 1.10 ($0.01) during trading on Wednesday, reaching GBX 294.10 ($3.81). 45,944 shares of the company were exchanged, compared to its average volume of 88,568. The stock’s 50 day simple moving average is GBX 289.32 and its two-hundred day simple moving average is GBX 285.90. The company has a market capitalization of £204.79 million, a P/E ratio of 5.49 and a beta of 0.89. Schroder Income Growth has a 52-week low of GBX 260 ($3.37) and a 52-week high of GBX 305 ($3.95).

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.