The Scottish American Investment Company P.L.C. (LON:SAIN) Announces 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 is Thursday, November 14th. This is a boost from Scottish American Investment’s previous dividend of $3.55. The official announcement can be accessed at this link.

Scottish American Investment Stock Performance

Shares of LON:SAIN traded up GBX 9 ($0.12) during trading on Wednesday, hitting GBX 509 ($6.63). 404,485 shares of the stock traded hands, compared to its average volume of 263,760. The company has a fifty day moving average price of GBX 507.92 and a two-hundred day moving average price of GBX 510.44. Scottish American Investment has a 52-week low of GBX 448.50 ($5.84) and a 52-week high of GBX 540 ($7.03). The company has a market cap of £907.65 million, a price-to-earnings 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.

About Scottish American Investment

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.