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

The Scottish American Investment Company P.L.C. (LON:SAIN - Get Free Report) insider Nicholas Macpherson GCB bought 5,000 shares of Scottish American Investment stock in a transaction dated Friday, December 20th. The shares were acquired at an average price of GBX 492 ($6.18) per share, with a total value of £24,600 ($30,916.17).

Scottish American Investment Stock Performance

Shares of LON SAIN traded up GBX 1 ($0.01) during mid-day trading on Friday, reaching GBX 496 ($6.23). 369,291 shares of the company were exchanged, compared to its average volume of 273,758. The Scottish American Investment Company P.L.C. has a twelve month low of GBX 448.50 ($5.64) and a twelve month high of GBX 540 ($6.79). The stock has a market capitalization of £884.47 million, a P/E ratio of 992.00 and a beta of 0.65. The company's 50-day simple moving average is GBX 508.98 and its 200-day simple moving average is GBX 510.40. The company has a quick ratio of 3.87, a current ratio of 4.03 and a debt-to-equity ratio of 9.75.

Scottish American Investment Increases Dividend

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