The Scottish American Investment Co PLC (LON:SCAM)’s share price hit a new 52-week high on Wednesday . The stock traded as high as GBX 389 ($5.08) and last traded at GBX 388.66 ($5.08), with a volume of 6689 shares trading hands. The stock had previously closed at GBX 386 ($5.04).
The company has a quick ratio of 3.02, a current ratio of 3.02 and a debt-to-equity ratio of 17.11. The company has a market capitalization of $554.67 million and a P/E ratio of -31.86.
The company also recently disclosed a dividend, which will be paid on Friday, June 21st. Shareholders of record on Thursday, May 23rd will be paid a dividend of GBX 2.93 ($0.04) per share. The ex-dividend date is Thursday, May 23rd. This represents a yield of 0.75%. The Scottish American Investment’s dividend payout ratio (DPR) is currently -0.98%.
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About The Scottish American Investment (LON:SCAM)
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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