The Scottish American Investment Company P.L.C. (LON:SAIN) Declares Dividend of GBX 3.55

The Scottish American Investment Company P.L.C. (LON:SAIN) announced a dividend on Tuesday, July 30th, Upcoming.Co.Uk reports. Stockholders of record on Thursday, August 8th will be paid a dividend of GBX 3.55 ($0.05) per share on Thursday, September 19th. This represents a dividend yield of 0.68%. The ex-dividend date of this dividend is Thursday, August 8th. This is a boost from Scottish American Investment’s previous dividend of $3.45. The official announcement can be seen at this link.

Scottish American Investment Trading Down 0.2 %

Shares of SAIN traded down GBX 1 ($0.01) during mid-day trading on Tuesday, reaching GBX 523 ($6.73). The company’s stock had a trading volume of 165,962 shares, compared to its average volume of 255,670. The company has a current ratio of 3.91, a quick ratio of 3.87 and a debt-to-equity ratio of 10.13. Scottish American Investment has a 52 week low of GBX 448.50 ($5.77) and a 52 week high of GBX 540 ($6.95). The company’s fifty day moving average price is GBX 512.86 and its two-hundred day moving average price is GBX 507.09. The stock has a market cap of £932.61 million, a PE ratio of 880.55 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.