The Scottish American Investment Company P.L.C. (LON:SAIN) Insider Christine Montgomery Buys 10,000 Shares

The Scottish American Investment Company P.L.C. (LON:SAIN – Get Rating) insider Christine Montgomery acquired 10,000 shares of Scottish American Investment stock in a transaction that occurred on Wednesday, March 15th. The shares were purchased at an average price of GBX 493 ($6.01) per share, with a total value of £49,300 ($60,085.31).

Scottish American Investment Price Performance

LON SAIN opened at GBX 493 ($6.01) on Thursday. The firm’s fifty day simple moving average is GBX 509.20 and its two-hundred day simple moving average is GBX 496.14. The firm has a market capitalization of £871.38 million, a P/E ratio of -1,332.43 and a beta of 0.64. The company has a current ratio of 2.85, a quick ratio of 3.87 and a debt-to-equity ratio of 11.19. The Scottish American Investment Company P.L.C. has a 12-month low of GBX 434 ($5.29) and a 12-month high of GBX 536.59 ($6.54).

Scottish American Investment Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Thursday, April 13th. Stockholders of record on Thursday, March 2nd will be given a GBX 3.67 ($0.04) dividend. This is a boost from Scottish American Investment’s previous dividend of $3.50. The ex-dividend date is Thursday, March 2nd. This represents a dividend yield of 0.73%. Scottish American Investment’s dividend payout ratio (DPR) is presently -3,783.78%.

Scottish American Investment Company Profile

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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.