Scottish Mortgage (LON:SMT) Plans GBX 1.60 Dividend

Scottish Mortgage (LON:SMT) declared a dividend on Friday, November 8th,Upcoming Dividends.Co.Uk reports. Investors of record on Thursday, November 21st will be given 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 is Thursday, November 21st. The official announcement can be seen at this link.

Scottish Mortgage Stock Down 0.6 %

Shares of LON SMT opened at GBX 905.60 ($11.79) on Friday. Scottish Mortgage has a 52-week low of GBX 658.80 ($8.58) and a 52-week high of GBX 946.10 ($12.32). The firm has a market cap of £12.50 billion, a price-to-earnings ratio of -1,741.54 and a beta of 0.75. The company has a quick ratio of 0.53, a current ratio of 0.16 and a debt-to-equity ratio of 15.37. The business’s 50 day moving average is GBX 843.62 and its two-hundred day moving average is GBX 860.07.

Insiders Place Their Bets

In other news, insider Sharon Flood bought 2,418 shares of Scottish Mortgage stock in a transaction dated Monday, September 2nd. The stock was acquired at an average cost of GBX 827 ($10.77) per share, with a total value of £19,996.86 ($26,030.80). Corporate insiders own 3.25% of the company’s stock.

Scottish Mortgage Company Profile

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.