The Scottish American Investment Co PLC (LON:SCAM) Increases Dividend to GBX 2.95 Per Share

The Scottish American Investment Co PLC (LON:SCAM) declared a dividend on Friday, July 26th, Upcoming.Co.Uk reports. Shareholders of record on Thursday, August 15th will be paid a dividend of GBX 2.95 ($0.04) per share on Friday, September 20th. This represents a dividend yield of 0.7%. The ex-dividend date of this dividend is Thursday, August 15th. This is a boost from The Scottish American Investment’s previous dividend of $2.93. The official announcement can be seen at this link.

Shares of LON:SCAM opened at GBX 416.75 ($5.45) on Wednesday. The Scottish American Investment has a 1 year low of GBX 3.70 ($0.05) and a 1 year high of GBX 426.91 ($5.58). The company’s 50 day simple moving average is GBX 414.74. The stock has a market capitalization of $602.16 million and a price-to-earnings ratio of 9.06. The company has a quick ratio of 3.80, a current ratio of 3.80 and a debt-to-equity ratio of 14.49.

The 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.

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Dividend History for The Scottish American Investment (LON:SCAM)

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