The Scottish American Investment Company P.L.C. (LON:SAIN) Insider Nicholas Macpherson GCB Acquires 5,000 Shares

The Scottish American Investment Company P.L.C. (LON:SAIN) insider Nicholas Macpherson GCB acquired 5,000 shares of the firm’s stock in a transaction that occurred on Friday, December 20th. The shares were bought at an average price of GBX 492 ($6.15) per share, with a total value of £24,600 ($30,746.16).

Scottish American Investment Stock Up 0.2 %

Shares of SAIN stock traded up GBX 1 ($0.01) during mid-day trading on Friday, hitting GBX 496 ($6.20). 369,291 shares of the stock traded hands, compared to its average volume of 273,758. The stock’s fifty day moving average is GBX 508.98 and its two-hundred day moving average is GBX 510.40. The company has a debt-to-equity ratio of 9.75, a current ratio of 4.03 and a quick ratio of 3.87. The Scottish American Investment Company P.L.C. has a 52-week low of GBX 448.50 ($5.61) and a 52-week high of GBX 540 ($6.75). The stock has a market cap of £884.47 million, a P/E ratio of 992.00 and a beta of 0.65.

Scottish American Investment Increases Dividend

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