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. Investors of record on Thursday, November 14th will be given a dividend of GBX 3.70 ($0.05) per share on Thursday, December 12th. This represents a dividend yield of 0.73%. The ex-dividend date of this dividend is Thursday, November 14th. This is an increase from Scottish American Investment’s previous dividend of $3.55. The official announcement can be viewed at this link.

Scottish American Investment Price Performance

Shares of SAIN opened at GBX 512.70 ($6.67) on Thursday. The company has a 50 day moving average of GBX 507.92 and a two-hundred day moving average of GBX 510.44. The company has a market cap of £914.25 million, a price-to-earnings ratio of 1,024.46 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. Scottish American Investment has a twelve month low of GBX 448.50 ($5.84) and a twelve month high of GBX 540 ($7.03).

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.