Scottish American Investment (LON:SAIN) Stock Price Up 0.2%

The Scottish American Investment Company P.L.C. (LON:SAIN)’s share price rose 0.2% during mid-day trading on Thursday . The company traded as high as GBX 522 ($6.77) and last traded at GBX 518 ($6.72). Approximately 273,172 shares traded hands during mid-day trading, an increase of 9% from the average daily volume of 251,194 shares. The stock had previously closed at GBX 517 ($6.70).

Scottish American Investment Trading Up 0.2 %

The firm has a market cap of £923.70 million, a price-to-earnings ratio of 877.97 and a beta of 0.65. The business’s 50 day moving average price is GBX 513.36 and its 200-day moving average price is GBX 507.47. The company has a debt-to-equity ratio of 10.13, a quick ratio of 3.87 and a current ratio of 3.91.

Scottish American Investment Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Thursday, June 20th. Investors of record on Thursday, May 23rd were paid a dividend of GBX 3.45 ($0.04) per share. The ex-dividend date of this dividend was Thursday, May 23rd. This represents a yield of 0.66%. Scottish American Investment’s dividend payout ratio (DPR) is 2,372.88%.

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.