The Scottish American Investment Company P.L.C. (LON:SAIN) Raises Dividend to GBX 3.70 Per Share

The Scottish American Investment Company P.L.C. (LON:SAIN) announced a dividend on Wednesday, November 6th,Upcoming Dividends.Co.Uk reports. Stockholders of record on Thursday, November 14th will be paid 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 a boost from Scottish American Investment’s previous dividend of $3.55. The official announcement can be seen at this link.

Scottish American Investment Stock Down 0.3 %

Shares of SAIN opened at GBX 509.50 ($6.63) on Friday. The company has a debt-to-equity ratio of 9.75, a quick ratio of 3.87 and a current ratio of 4.03. The company has a 50-day simple moving average of GBX 507.92 and a 200-day simple moving average of GBX 510.44. Scottish American Investment has a 52 week low of GBX 448.50 ($5.84) and a 52 week high of GBX 540 ($7.03). The firm has a market capitalization of £908.54 million, a P/E ratio of 1,022.00 and a beta of 0.65.

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.