Schroder Income Growth (LON:SCF) Reaches New 12-Month High – Here’s What Happened

Schroder Income Growth (LON:SCFGet Free Report)’s share price reached a new 52-week high during trading on Wednesday . The company traded as high as GBX 367 and last traded at GBX 367, with a volume of 369862 shares. The stock had previously closed at GBX 359.

Schroder Income Growth Stock Performance

The company has a market capitalization of £248.29 million, a price-to-earnings ratio of 12.44 and a beta of 0.89. The firm has a fifty day moving average price of GBX 353.56 and a 200-day moving average price of GBX 335.50.

Schroder Income Growth Company Profile

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– 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.

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