Schroder Income Growth (LON:SCF) Sets New 12-Month High – Should You Buy?

Schroder Income Growth (LON:SCF) reached a new 52-week high on Wednesday . The stock traded as high as GBX 372 and last traded at GBX 367, with a volume of 67327 shares trading hands. The stock had previously closed at GBX 369.

Schroder Income Growth Stock Performance

The company has a market capitalization of £241.18 million, a PE ratio of 4.60 and a beta of 0.63. The company has a 50 day moving average of GBX 358.88 and a two-hundred day moving average of GBX 353.60. The company has a debt-to-equity ratio of 9.70, a current ratio of 0.34 and a quick ratio of 0.17.

Schroder Income Growth (LON:SCF) last announced its quarterly earnings data on Wednesday, May 13th. The company reported GBX 3.97 EPS for the quarter. Schroder Income Growth had a return on equity of 21.54% and a net margin of 94.75%.The business had revenue of GBX 338 million during the quarter.

Schroder Income Growth Company Profile

– 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.