Shares of The Scottish American Investment Company P.L.C. (LON:SAIN - Get Free Report) rose 1% during trading on Wednesday . The company traded as high as GBX 513 ($6.51) and last traded at GBX 513 ($6.51). Approximately 419,023 shares traded hands during trading, an increase of 56% from the average daily volume of 267,784 shares. The stock had previously closed at GBX 508 ($6.45).
Scottish American Investment Stock Performance
The firm's fifty day simple moving average is GBX 509.03 and its 200 day simple moving average is GBX 510.88. 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 company has a market capitalization of £904.08 million, a price-to-earnings ratio of 1,014.00 and a beta of 0.65.
Scottish American Investment Increases Dividend
The company also recently disclosed a dividend, which will be paid on Thursday, December 12th. Shareholders of record on Thursday, November 14th will be given a dividend of GBX 3.70 ($0.05) per share. This represents a yield of 0.73%. This is a boost from Scottish American Investment's previous dividend of $3.55. The ex-dividend date is Thursday, November 14th. Scottish American Investment's payout ratio is presently 2,800.00%.
About Scottish American Investment
(
Get Free Report)
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.
Recommended Stories
Before you consider Scottish American Investment, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Scottish American Investment wasn't on the list.
While Scottish American Investment currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Discover the next wave of investment opportunities with our report, 7 Stocks That Will Be Magnificent in 2025. Explore companies poised to replicate the growth, innovation, and value creation of the tech giants dominating today's markets.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
