Scottish Mortgage (LON:SMT) Insider Vikram Kumaraswamy Buys 2,064 Shares of Stock

Scottish Mortgage (LON:SMT) insider Vikram Kumaraswamy bought 2,064 shares of the firm’s stock in a transaction dated Friday, March 28th. The stock was purchased at an average cost of GBX 964 ($12.48) per share, with a total value of £19,896.96 ($25,759.92).

Scottish Mortgage Price Performance

SMT stock traded down GBX 19 ($0.25) during midday trading on Friday, hitting GBX 958.60 ($12.41). The stock had a trading volume of 2,481,803 shares, compared to its average volume of 3,670,651. The business has a 50-day moving average of GBX 1,039.07 and a two-hundred day moving average of GBX 948.07. The firm has a market cap of £11.72 billion, a price-to-earnings ratio of 9.84 and a beta of 0.75. Scottish Mortgage has a 52-week low of GBX 733.43 ($9.50) and a 52-week high of GBX 1,142.51 ($14.79).

Scottish Mortgage Increases Dividend

The firm also recently announced a dividend, which will be paid on Monday, March 31st. Stockholders of record on Thursday, March 27th will be given a GBX 4 ($0.05) dividend. The ex-dividend date is Thursday, March 27th. This is an increase from Scottish Mortgage’s previous dividend of $1.60. This represents a dividend yield of 2.8%. Scottish Mortgage’s dividend payout ratio is currently 4.10%.

Scottish Mortgage Company Profile

Scottish Mortgage is a portfolio of what we believe are the world’s most exciting growth companies. We believe that a few exceptional companies will make a positive impact on shareholders’ returns and society as a whole. Explore our website and you’ll discover what we mean by investing in progress, how we find and support the companies shaping the future, and how you can be a part of it.