Insider Buying: Schroder Income Growth (LON:SCF) Insider Buys £9,955.83 in Stock

Schroder Income Growth (LON:SCF) insider Fraser McIntyre purchased 3,543 shares of the stock in a transaction on Wednesday, December 18th. The stock was acquired at an average cost of GBX 281 ($3.53) per share, with a total value of £9,955.83 ($12,512.04).

Schroder Income Growth Price Performance

LON:SCF opened at GBX 278 ($3.49) on Friday. The stock has a 50 day moving average of GBX 283.13 and a two-hundred day moving average of GBX 288.23. 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 firm has a market cap of £193.10 million, a P/E ratio of 1,208.70 and a beta of 0.89. Schroder Income Growth has a 12 month low of GBX 248 ($3.12) and a 12 month high of GBX 305 ($3.83).

Schroder Income Growth Cuts Dividend

The company also recently declared a dividend, which will be paid on Monday, January 27th. Shareholders of record on Tuesday, December 24th will be paid a dividend of GBX 3.25 ($0.04) per share. This represents a yield of 1.14%. The ex-dividend date is Tuesday, December 24th. Schroder Income Growth’s dividend payout ratio (DPR) is 6,086.96%.

Schroder Income Growth Company Profile

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.