Scottish Mortgage (LON:SMT) Increases Dividend to GBX 4 Per Share

Scottish Mortgage (LON:SMT) announced a dividend on Thursday, March 20th, Upcoming Dividends.Co.Uk reports. Stockholders of record on Thursday, March 27th will be given a dividend of GBX 4 ($0.05) per share on Monday, March 31st. This represents a dividend yield of 2.8%. The ex-dividend date is Thursday, March 27th. This is a 150.0% increase from Scottish Mortgage’s previous dividend of $1.60. The official announcement can be seen at this link.

Scottish Mortgage Stock Performance

Shares of Scottish Mortgage stock opened at GBX 969.15 ($12.57) on Friday. The business’s 50 day simple moving average is GBX 1,041.04 and its 200 day simple moving average is GBX 943.71. Scottish Mortgage has a 52-week low of GBX 733.43 ($9.51) and a 52-week high of GBX 1,142.51 ($14.81). The firm has a market cap of £11.85 billion, a PE ratio of 9.94 and a beta of 0.75.

Scottish Mortgage Company Profile

Scottish Mortgage is a portfolio of what we believe are the world’s most exciting growth companies. We believe that a few exceptional companies will make a positive impact on shareholders’ returns and society as a whole. Explore our website and you’ll discover what we mean by investing in progress, how we find and support the companies shaping the future, and how you can be a part of it.