Scottish Oriental Smaller Cos (LON:SST) to Issue Dividend Increase – GBX 22 Per Share

Scottish Oriental Smaller Cos (LON:SST) announced a dividend on Friday, November 14th,Upcoming Dividends.Co.Uk reports. Stockholders of record on Thursday, January 9th will be given a dividend of GBX 22 ($0.28) per share on Friday, February 7th. This represents a dividend yield of 1.53%. The ex-dividend date is Thursday, January 9th. This is a boost from Scottish Oriental Smaller Cos’s previous dividend of $13.00. The official announcement can be seen at this link.

Scottish Oriental Smaller Cos Stock Performance

LON:SST opened at GBX 1,527.60 ($19.11) on Tuesday. The firm has a market capitalization of £359.75 million, a price-to-earnings ratio of 914.73 and a beta of 0.37. The company has a current ratio of 5.36, a quick ratio of 7.77 and a debt-to-equity ratio of 8.03. Scottish Oriental Smaller Cos has a twelve month low of GBX 1,270 ($15.89) and a twelve month high of GBX 1,550 ($19.39). The firm’s fifty day simple moving average is GBX 1,463.04 and its 200 day simple moving average is GBX 1,450.55.

Insider Activity

In related news, insider Jeremy Whitley acquired 3,000 shares of Scottish Oriental Smaller Cos stock in a transaction that occurred on Thursday, November 14th. The stock was acquired at an average price of GBX 1,449 ($18.13) per share, with a total value of £43,470 ($54,385.09). Company insiders own 8.52% of the company’s stock.

Scottish Oriental Smaller Cos Company Profile

The Scottish Oriental Smaller Companies Trust plc is a closed-ended equity mutual fund launched and managed by First Sentier Investors (UK) Funds Limited. It is co-managed by First State Investment Management (UK) Limited. The fund invests in the public equity markets of Asia, excluding Japan and Australasia.