The Scottish American Investment Company P.L.C. (LON:SAIN - Get Free Report) shares traded up 0.4% during trading on Friday . The stock traded as high as GBX 524 ($6.52) and last traded at GBX 524 ($6.52). 488,741 shares changed hands during trading, a decline of 20% from the average session volume of 607,906 shares. The stock had previously closed at GBX 522 ($6.49).
Scottish American Investment Stock Performance
The firm has a market cap of £916.56 million, a price-to-earnings ratio of 1,028.00 and a beta of 0.65. 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 stock has a fifty day moving average price of GBX 505.81 and a 200 day moving average price of GBX 508.27.
Scottish American Investment Increases Dividend
The company also recently disclosed a dividend, which was paid on Thursday, December 12th. Stockholders of record on Thursday, November 14th were issued a dividend of GBX 3.70 ($0.05) per share. This represents a dividend yield of 0.73%. The ex-dividend date of this dividend was Thursday, November 14th. This is a positive change from Scottish American Investment's previous dividend of $3.55. Scottish American Investment's dividend payout ratio (DPR) is presently 2,800.00%.
Insider Buying and Selling
In other news, insider Nicholas Macpherson GCB purchased 5,000 shares of the business's stock in a transaction that occurred on Friday, December 20th. The shares were acquired at an average cost of GBX 492 ($6.12) per share, for a total transaction of £24,600 ($30,604.63). Company insiders own 1.07% of the company's stock.
About Scottish American Investment
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The Trust aims to be a core investment for private investors seeking income. Its objective is to grow the dividend at a faster rate than inflation by increasing capital and growing income. The focus of the portfolio is on global equities but investments are also made in bonds, property and other asset types.
Further Reading
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