The Scottish American Investment Company P.L.C. (LON:SAIN – Get Free Report) shares traded up 1% during trading on Thursday . The company traded as high as GBX 515.64 ($6.90) and last traded at GBX 514 ($6.88). 214,655 shares changed hands during mid-day trading, a decline of 16% from the average session volume of 255,268 shares. The stock had previously closed at GBX 509 ($6.81).
Scottish American Investment Trading Down 0.2 %
The stock has a market capitalization of £914.78 million, a price-to-earnings ratio of 1,026.00 and a beta of 0.65. The company has a debt-to-equity ratio of 9.75, a quick ratio of 3.87 and a current ratio of 4.03. The business has a 50-day moving average of GBX 509.37 and a 200-day moving average of GBX 508.59.
Scottish American Investment Increases Dividend
The company also recently announced a dividend, which was paid on Thursday, September 19th. Investors of record on Thursday, August 8th were given a GBX 3.55 ($0.05) dividend. The ex-dividend date of this dividend was Thursday, August 8th. This is a boost from Scottish American Investment’s previous dividend of $3.45. This represents a dividend yield of 0.68%. Scottish American Investment’s dividend payout ratio is 2,800.00%.
Scottish American Investment Company Profile
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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