Scottish Mortgage (LON:SMT) to Issue Dividend of GBX 1.60

Scottish Mortgage (LON:SMT) declared a dividend on Friday, November 8th,Upcoming Dividends.Co.Uk reports. Stockholders of record on Thursday, November 21st will be paid a dividend of GBX 1.60 ($0.02) per share on Friday, December 13th. This represents a dividend yield of 0.18%. The ex-dividend date of this dividend is Thursday, November 21st. The official announcement can be seen at this link.

Scottish Mortgage Stock Up 0.7 %

Shares of SMT opened at GBX 919 ($11.66) on Wednesday. The stock has a market capitalization of £12.68 billion, a price-to-earnings ratio of -1,759.62 and a beta of 0.75. Scottish Mortgage has a 52 week low of GBX 703.20 ($8.92) and a 52 week high of GBX 946.10 ($12.01). The company has a debt-to-equity ratio of 15.37, a quick ratio of 0.53 and a current ratio of 0.16. The stock has a fifty day moving average of GBX 855.43 and a 200-day moving average of GBX 864.44.

Insider Activity

In other news, insider Sharon Flood acquired 2,418 shares of Scottish Mortgage stock in a transaction on Monday, September 2nd. The stock was purchased at an average price of GBX 827 ($10.49) per share, with a total value of £19,996.86 ($25,376.73). Insiders own 3.25% of the company’s stock.

About Scottish Mortgage

Scottish Mortgage Investment Trust PLC is a closed-ended equity mutual fund launched and managed by Baillie Gifford & Co Ltd. The fund is co-managed by Baillie Gifford & Co It invests in public equity markets of countries across the globe. The fund seeks to invest in stocks of companies operating across diversified sectors.