Schroder Income Growth (LON:SCF) Share Price Crosses Above 50-Day Moving Average – Should You Sell?

Schroder Income Growth (LON:SCF) crossed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of GBX 290.82 ($3.75) and traded as high as GBX 293 ($3.78). Schroder Income Growth shares last traded at GBX 290 ($3.74), with a volume of 55,443 shares.

Schroder Income Growth Stock Performance

The company has a 50-day moving average price of GBX 290.56 and a 200-day moving average price of GBX 285.68. The firm has a market capitalization of £187.31 million, a price-to-earnings ratio of 5.02 and a beta of 0.89.

Schroder Income Growth Dividend Announcement

The firm also recently declared a dividend, which will be paid on Wednesday, April 30th. Investors of record on Thursday, April 3rd will be issued a GBX 3.25 ($0.04) dividend. This represents a yield of 1.11%. The ex-dividend date is Thursday, April 3rd. Schroder Income Growth’s dividend payout ratio (DPR) is 26.14%.

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.