Schroder Income Growth Fund (LON:SCF) Share Price Passes Above 50 Day Moving Average of $274.62

Schroder Income Growth Fund plc (LON:SCF) passed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of GBX 274.62 ($3.49) and traded as high as GBX 290 ($3.69). Schroder Income Growth Fund shares last traded at GBX 290 ($3.69), with a volume of 165,147 shares traded.

Schroder Income Growth Fund Stock Performance

The company has a market capitalization of £197.96 million, a PE ratio of 1,239.13 and a beta of 0.89. The business’s fifty day moving average is GBX 275.64 and its two-hundred day moving average is GBX 271.97. The company has a current ratio of 0.12, a quick ratio of 0.17 and a debt-to-equity ratio of 13.93.

Schroder Income Growth Fund Dividend Announcement

The company also recently disclosed a dividend, which was paid on Friday, April 26th. Investors of record on Thursday, April 4th were issued a GBX 2.50 ($0.03) dividend. The ex-dividend date was Thursday, April 4th. This represents a yield of 0.94%. Schroder Income Growth Fund’s payout ratio is currently 6,086.96%.

About Schroder Income Growth Fund

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.