The Scottish American Investment Company P.L.C. (LON:SAIN) Insider Dame Mariot Leslie Buys 2,000 Shares of Stock

The Scottish American Investment Company P.L.C. (LON:SAIN – Get Rating) insider Dame Mariot Leslie bought 2,000 shares of the stock in a transaction on Monday, March 13th. The shares were acquired at an average cost of GBX 489 ($5.96) per share, for a total transaction of £9,780 ($11,919.56).

Scottish American Investment Stock Up 1.4 %

SAIN stock opened at GBX 498 ($6.07) on Wednesday. The company has a debt-to-equity ratio of 11.19, a current ratio of 2.85 and a quick ratio of 3.87. The Scottish American Investment Company P.L.C. has a 52-week low of GBX 434 ($5.29) and a 52-week high of GBX 536.59 ($6.54). The company has a 50-day moving average of GBX 509.54 and a two-hundred day moving average of GBX 496.16. The stock has a market capitalization of £880.22 million, a price-to-earnings ratio of -1,345.95 and a beta of 0.64.

Scottish American Investment Increases Dividend

The company also recently declared a dividend, which will be paid on Thursday, April 13th. Shareholders of record on Thursday, March 2nd will be issued a dividend of GBX 3.67 ($0.04) per share. This represents a yield of 0.73%. This is a boost from Scottish American Investment’s previous dividend of $3.50. The ex-dividend date is Thursday, March 2nd. Scottish American Investment’s dividend payout ratio is -3,783.78%.

About Scottish American Investment

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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.