The Scottish American Investment Company P.L.C. (LON:SAIN) Declares GBX 3.25 Dividend

The Scottish American Investment Company P.L.C. (LON:SAINGet Rating) announced a dividend on Thursday, May 19th, Upcoming.Co.Uk reports. Investors of record on Thursday, May 26th will be given a dividend of GBX 3.25 ($0.04) per share on Wednesday, June 22nd. This represents a dividend yield of 0.7%. The ex-dividend date of this dividend is Thursday, May 26th. The official announcement can be viewed at this link.

Shares of SAIN stock traded down GBX 7.50 ($0.09) on Thursday, hitting GBX 465.50 ($5.74). The stock had a trading volume of 170,283 shares, compared to its average volume of 221,301. The company’s 50 day moving average price is GBX 494.73 and its 200-day moving average price is GBX 506.87. The company has a debt-to-equity ratio of 10.56, a current ratio of 0.18 and a quick ratio of 0.18. Scottish American Investment has a 1 year low of GBX 437.87 ($5.40) and a 1 year high of GBX 548 ($6.76). The firm has a market capitalization of £820.68 million and a P/E ratio of 5.14.

In related news, insider Nicholas Macpherson GCB purchased 5,000 shares of the business’s stock in a transaction on Wednesday, February 23rd. The shares were bought at an average price of GBX 479 ($5.90) per share, for a total transaction of £23,950 ($29,524.16).

About Scottish American Investment (Get Rating)

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.

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Dividend History for Scottish American Investment (LON:SAIN)

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