Scottish American Investment (LON:SAIN) Trading Up 1% – What’s Next?

The Scottish American Investment Company P.L.C. (LON:SAIN) was up 1% on Thursday . The stock traded as high as GBX 515.64 ($6.90) and last traded at GBX 514 ($6.88). Approximately 214,655 shares were traded during trading, a decline of 16% from the average daily volume of 255,268 shares. The stock had previously closed at GBX 509 ($6.81).

Scottish American Investment Trading Down 0.2 %

The company has a fifty day simple moving average of GBX 509.37 and a two-hundred day simple moving average of GBX 508.59. The company has a current ratio of 4.03, a quick ratio of 3.87 and a debt-to-equity ratio of 9.75. The company has a market cap of £914.78 million, a PE ratio of 1,026.00 and a beta of 0.65.

Scottish American Investment Increases Dividend

The business also recently declared a dividend, which was paid on Thursday, September 19th. Shareholders of record on Thursday, August 8th were issued a dividend of GBX 3.55 ($0.05) per share. This is an increase from Scottish American Investment’s previous dividend of $3.45. The ex-dividend date of this dividend was Thursday, August 8th. This represents a yield of 0.68%. Scottish American Investment’s dividend payout ratio is 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.