Schroder UK Mid Cap (LON:SCP) to Issue Dividend Increase – GBX 15.50 Per Share

Schroder UK Mid Cap (LON:SCP) announced a dividend on Friday, November 28th,Upcoming Dividends.Co.Uk reports. Shareholders of record on Thursday, January 30th will be given a dividend of GBX 15.50 ($0.19) per share on Friday, February 28th. This represents a yield of 2.55%. The ex-dividend date is Thursday, January 30th. This is a positive change from Schroder UK Mid Cap’s previous dividend of $6.00. The official announcement can be accessed at this link.

Schroder UK Mid Cap Price Performance

Shares of SCP opened at GBX 612.08 ($7.62) on Tuesday. The company has a market capitalization of £211.66 million, a P/E ratio of 1,177.08 and a beta of 1.27. The business’s 50-day moving average is GBX 610.49 and its two-hundred day moving average is GBX 617.81. The company has a debt-to-equity ratio of 8.76, a quick ratio of 0.22 and a current ratio of 0.10. Schroder UK Mid Cap has a fifty-two week low of GBX 539.13 ($6.71) and a fifty-two week high of GBX 686 ($8.54).

Schroder UK Mid Cap (LON:SCP) last posted its earnings results on Thursday, November 28th. The company reported GBX 20.54 ($0.26) EPS for the quarter. Schroder UK Mid Cap had a return on equity of 8.11% and a net margin of 83.87%.

Schroder UK Mid Cap Company Profile

– Aims to provide a total return in excess of the FTSE 250 (ex-Investment Companies) Index and an attractive level of yield, which can contribute a degree of stability to the fund’s total return
– The potential for dividend growth through rising dividend payments from stocks held in the portfolio
– Invests in dynamic mid cap companies that have the potential to grow to be included in the FTSE 100 index, which are at an interesting point in their life cycle, and/or which could ultimately prove to be attractive takeover targets
– Managed by an award-winning fund manager backed by a team with extensive experience and expertise.