Nicholas Macpherson GCB Buys 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) insider Nicholas Macpherson GCB purchased 5,000 shares of the firm’s stock in a transaction that occurred on Friday, December 20th. The stock was bought at an average price of GBX 492 ($6.18) per share, with a total value of £24,600 ($30,920.06).

Scottish American Investment Stock Performance

Shares of SAIN opened at GBX 496 ($6.23) on Monday. The Scottish American Investment Company P.L.C. has a one year low of GBX 448.50 ($5.64) and a one year high of GBX 540 ($6.79). The company has a 50-day moving average of GBX 508.62 and a two-hundred day moving average of GBX 510.30. The company has a debt-to-equity ratio of 9.75, a current ratio of 4.03 and a quick ratio of 3.87. The stock has a market cap of £884.47 million, a price-to-earnings ratio of 992.00 and a beta of 0.65.

Scottish American Investment Increases Dividend

The company 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. This represents a yield of 0.73%. This is a boost from Scottish American Investment’s previous dividend of $3.55. The ex-dividend date was Thursday, November 14th. Scottish American Investment’s payout ratio is presently 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.