The Scottish American Investment Company P.L.C. (LON:SAIN) to Issue Dividend of GBX 3.70

The Scottish American Investment Company P.L.C. (LON:SAIN) declared a dividend on Wednesday, November 6th,Upcoming Dividends.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 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 Stock Down 0.4 %

SAIN opened at GBX 514 ($6.61) on Tuesday. 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 has a fifty-two week low of GBX 448.50 ($5.77) and a fifty-two week high of GBX 540 ($6.95). The firm’s fifty day moving average is GBX 507.98 and its 200 day moving average is GBX 510.86. The stock has a market cap of £916.56 million, a price-to-earnings ratio of 1,028.61 and a beta of 0.65.

About Scottish American Investment

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.