The Scottish American Investment Company P.L.C. (LON:SAIN) to Issue Dividend of GBX 3.70

The Scottish American Investment Company P.L.C. (LON:SAIN) declared a dividend on Wednesday, November 6th, Upcoming.Co.Uk reports. Shareholders of record on Thursday, November 14th will be paid a dividend of GBX 3.70 ($0.05) per share on Thursday, December 12th. This represents a yield of 0.73%. The ex-dividend date of this dividend is Thursday, November 14th. This is a positive change from Scottish American Investment’s previous dividend of $3.55. The official announcement can be accessed at this link.

Scottish American Investment Trading Up 1.8 %

Shares of Scottish American Investment stock traded up GBX 9 ($0.12) during mid-day trading on Wednesday, hitting GBX 509 ($6.63). The stock had a trading volume of 404,485 shares, compared to its average volume of 263,760. The firm has a market cap of £907.65 million, a P/E ratio of 1,018.00 and a beta of 0.65. The company has a quick ratio of 3.87, a current ratio of 4.03 and a debt-to-equity ratio of 9.75. The firm has a 50-day moving average of GBX 507.92 and a two-hundred day moving average of GBX 510.44. Scottish American Investment has a 12-month low of GBX 448.50 ($5.84) and a 12-month high of GBX 540 ($7.03).

Scottish American Investment Company Profile

The Scottish American Investment Company P.L.C. is a closed-ended equity mutual fund launched and managed by Baillie Gifford & Co Ltd. The fund is co-managed by Baillie Gifford & Co and OLIM Property Limited. It invests in public equity markets across the globe. The fund seeks to invest in stocks of companies operating across diversified sectors.