The Scottish American Investment Company P.L.C. (LON:SAIN - Get Free Report) insider Padmesh Shukla acquired 1,600 shares of the company's stock in a transaction that occurred on Friday, April 5th. The stock was purchased at an average cost of GBX 499 ($6.26) per share, with a total value of £7,984 ($10,022.60).
Padmesh Shukla also recently made the following trade(s):
- On Monday, March 18th, Padmesh Shukla acquired 401 shares of Scottish American Investment stock. The stock was purchased at an average cost of GBX 401 ($5.03) per share, with a total value of £1,608.01 ($2,018.59).
Scottish American Investment Trading Down 0.4 %
Shares of SAIN opened at GBX 501 ($6.29) on Friday. The company has a current ratio of 3.91, a quick ratio of 3.87 and a debt-to-equity ratio of 10.13. The Scottish American Investment Company P.L.C. has a 12-month low of GBX 450 ($5.65) and a 12-month high of GBX 543 ($6.82). The firm has a 50-day moving average price of GBX 501.65 and a 200 day moving average price of GBX 501.36. The firm has a market capitalization of £893.38 million, a P/E ratio of 849.15 and a beta of 0.66.
Scottish American Investment Increases Dividend
The business also recently announced a dividend, which will be paid on Thursday, April 11th. Shareholders of record on Thursday, February 29th will be paid a dividend of GBX 3.80 ($0.05) per share. This represents a yield of 0.76%. The ex-dividend date is Thursday, February 29th. This is a positive change from Scottish American Investment's previous dividend of $3.55. Scottish American Investment's dividend payout ratio (DPR) is 2,372.88%.
About Scottish American Investment
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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.
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