Insider Buying: The Scottish American Investment Company P.L.C. (LON:SAIN) Insider Buys £24,600 in Stock

The Scottish American Investment Company P.L.C. (LON:SAIN) insider Nicholas Macpherson GCB purchased 5,000 shares of the firm’s stock in a transaction on Friday, December 20th. The shares were purchased at an average cost of GBX 492 ($6.18) per share, with a total value of £24,600 ($30,920.06).

Scottish American Investment Stock Up 0.2 %

SAIN opened at GBX 496 ($6.23) on Monday. The stock’s fifty day moving average is GBX 508.62 and its 200-day moving average is GBX 510.30. The Scottish American Investment Company P.L.C. has a one year low of GBX 448.50 ($5.64) and a one year high of GBX 540 ($6.79). The company has a market capitalization of £884.47 million, a PE ratio of 992.00 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.

Scottish American Investment Increases Dividend

The firm also recently announced a dividend, which was paid on Thursday, December 12th. Investors of record on Thursday, November 14th were paid a dividend of GBX 3.70 ($0.05) per share. The ex-dividend date of this dividend was Thursday, November 14th. This is a positive change from Scottish American Investment’s previous dividend of $3.55. This represents a yield of 0.73%. Scottish American Investment’s dividend payout ratio is currently 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.