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

Schroder UK Mid Cap (LON:SCP) declared a dividend on Thursday, November 28th,Upcoming Dividends.Co.Uk reports. Stockholders of record on Thursday, January 30th will be given a dividend of GBX 15.50 ($0.20) per share on Friday, February 28th. This represents a dividend yield of 2.55%. The ex-dividend date of this dividend is Thursday, January 30th. This is an increase from Schroder UK Mid Cap’s previous dividend of $6.00. The official announcement can be viewed at this link.

Schroder UK Mid Cap Price Performance

SCP stock opened at GBX 605 ($7.71) on Friday. Schroder UK Mid Cap has a 52-week low of GBX 533 ($6.79) and a 52-week high of GBX 686 ($8.74). The company has a fifty day moving average price of GBX 604.87 and a 200-day moving average price of GBX 619.25. The company has a market capitalization of £209.21 million, a P/E ratio of 1,161.08 and a beta of 1.27. 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 Company Profile

Schroder UK Mid Cap Fund plc is a closed-ended equity mutual fund launched and managed by Schroder Unit Trusts Ltd. The fund is co-managed by Schroder Investment Management Limited. It invests in the public equity markets of the United Kingdom. The fund seeks to invest in stocks of companies operating across diversified sectors.