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

Schroder Income Growth (LON:SCF) declared a dividend on Tuesday, March 25th, DividendData.Co.Uk reports. Stockholders of record on Thursday, April 3rd will be paid 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 Stock Performance

Shares of LON SCF opened at GBX 295 ($3.80) on Thursday. The stock has a market cap of £205.41 million, a price-to-earnings ratio of 5.51 and a beta of 0.89. Schroder Income Growth has a fifty-two week low of GBX 260 ($3.35) and a fifty-two week high of GBX 305 ($3.93). The firm’s 50-day simple moving average is GBX 289.70 and its 200 day simple moving average is GBX 285.91.

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.