Schroder Income Growth (LON:SCF) Reaches New 52-Week High – Still a Buy?

Schroder Income Growth (LON:SCFGet Free Report)’s share price hit a new 52-week high on Wednesday . The stock 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 stock has a market capitalization of £248.29 million, a price-to-earnings ratio of 12.44 and a beta of 0.89. The company has a fifty day simple moving average of GBX 353.56 and a 200 day simple moving average of GBX 335.50.

About Schroder Income Growth

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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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