Scottish Mortgage (LON:SMT – Get Free Report)’s share price hit a new 52-week high on Tuesday . The company traded as high as GBX 997.40 ($12.21) and last traded at GBX 996.68 ($12.20), with a volume of 1698592 shares. The stock had previously closed at GBX 986.60 ($12.07).
Scottish Mortgage Trading Up 1.2 %
The firm has a market cap of £13.77 billion, a P/E ratio of -1,919.39 and a beta of 0.75. The company has a debt-to-equity ratio of 15.37, a quick ratio of 0.53 and a current ratio of 0.16. The firm has a fifty day moving average of GBX 942.75 and a 200-day moving average of GBX 884.12.
Scottish Mortgage Cuts Dividend
The company also recently declared a dividend, which was paid on Friday, December 13th. Stockholders of record on Thursday, November 21st were issued a dividend of GBX 1.60 ($0.02) per share. This represents a dividend yield of 0.18%. The ex-dividend date was Thursday, November 21st. Scottish Mortgage’s dividend payout ratio (DPR) is -769.23%.
About Scottish Mortgage
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.
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