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Insider Buying: Scottish Mortgage (LON:SMT) Insider Acquires 2,064 Shares of Stock

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Scottish Mortgage (LON:SMT - Get Free Report) insider Vikram Kumaraswamy bought 2,064 shares of the business's stock in a transaction on Friday, March 28th. The stock was bought at an average price of GBX 964 ($12.45) per share, for a total transaction of £19,896.96 ($25,706.67).

Vikram Kumaraswamy also recently made the following trade(s):

  • On Monday, March 31st, Vikram Kumaraswamy purchased 2,111 shares of Scottish Mortgage stock. The stock was purchased at an average price of GBX 942 ($12.17) per share, for a total transaction of £19,885.62 ($25,692.02).

Scottish Mortgage Price Performance

SMT stock traded up GBX 6.71 ($0.09) on Tuesday, reaching GBX 950.11 ($12.28). The company's stock had a trading volume of 1,516,496 shares, compared to its average volume of 3,611,588. Scottish Mortgage has a 52 week low of GBX 733.43 ($9.48) and a 52 week high of GBX 1,142.51 ($14.76). The company has a market capitalization of £11.62 billion, a P/E ratio of 9.75 and a beta of 0.75. The firm has a fifty day moving average of GBX 1,035.32 and a two-hundred day moving average of GBX 950.71.

Scottish Mortgage Increases Dividend

The firm also recently declared a dividend, which was paid on Monday, March 31st. Stockholders of record on Thursday, March 27th were paid a GBX 4 ($0.05) dividend. This is a boost from Scottish Mortgage's previous dividend of $1.60. The ex-dividend date was Thursday, March 27th. This represents a dividend yield of 2.8%. Scottish Mortgage's dividend payout ratio is presently 4.10%.

About Scottish Mortgage

(Get Free Report)

Scottish Mortgage is a portfolio of what we believe are the world's most exciting growth companies. We believe that a few exceptional companies will make a positive impact on shareholders' returns and society as a whole. Explore our website and you'll discover what we mean by investing in progress, how we find and support the companies shaping the future, and how you can be a part of it.

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