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

The Scottish American Investment Company P.L.C. (LON:SAIN) insider Nicholas Macpherson GCB bought 5,000 shares of the stock in a transaction on Friday, December 20th. The stock was bought at an average price of GBX 492 ($6.18) per share, for a total transaction of £24,600 ($30,916.17).

Scottish American Investment Price Performance

Shares of LON SAIN opened at GBX 496 ($6.23) on Friday. The stock has a fifty day moving average price of GBX 508.62 and a 200 day moving average price of GBX 510.30. The Scottish American Investment Company P.L.C. has a 1-year low of GBX 448.50 ($5.64) and a 1-year high of GBX 540 ($6.79). 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 company has a market cap of £884.47 million, a PE ratio of 992.00 and a beta of 0.65.

Scottish American Investment Increases Dividend

The company also recently announced a dividend, which was paid on Thursday, December 12th. Stockholders of record on Thursday, November 14th were issued a GBX 3.70 ($0.05) dividend. This is an increase from Scottish American Investment’s previous dividend of $3.55. The ex-dividend date was Thursday, November 14th. This represents a dividend yield of 0.73%. 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.