Vikram Kumaraswamy Purchases 2,111 Shares of Scottish Mortgage (LON:SMT) Stock

Scottish Mortgage (LON:SMT) insider Vikram Kumaraswamy acquired 2,111 shares of the business’s stock in a transaction that occurred on Monday, March 31st. The shares were bought at an average price of GBX 942 ($12.18) per share, with a total value of £19,885.62 ($25,708.62).

Vikram Kumaraswamy also recently made the following trade(s):

• On Friday, March 28th, Vikram Kumaraswamy purchased 2,064 shares of Scottish Mortgage stock. The shares were purchased at an average cost of GBX 964 ($12.46) per share, for a total transaction of £19,896.96 ($25,723.28).

Scottish Mortgage Price Performance

Shares of SMT stock opened at GBX 950.11 ($12.28) on Wednesday. Scottish Mortgage has a one year low of GBX 733.43 ($9.48) and a one year high of GBX 1,142.51 ($14.77). The company’s fifty day moving average price is GBX 1,033.22 and its 200-day moving average price is GBX 950.71. The company has a market capitalization of £11.62 billion, a price-to-earnings ratio of 9.75 and a beta of 0.75.

Scottish Mortgage Increases Dividend

The firm also recently disclosed a dividend, which was paid on Monday, March 31st. Stockholders of record on Thursday, March 27th were given a GBX 4 ($0.05) dividend. This represents a dividend yield of 2.8%. This is an increase from Scottish Mortgage’s previous dividend of $1.60. The ex-dividend date was Thursday, March 27th. Scottish Mortgage’s payout ratio is presently 4.10%.

About Scottish Mortgage

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.