Scottish Mortgage (LON:SMT) to Issue Dividend of GBX 1.60

Scottish Mortgage (LON:SMT) announced a dividend on Friday, November 8th,Upcoming Dividends.Co.Uk reports. Investors of record on Thursday, November 21st will be given a dividend of GBX 1.60 ($0.02) per share on Friday, December 13th. This represents a dividend yield of 0.18%. The ex-dividend date of this dividend is Thursday, November 21st. The official announcement can be seen at this link.

Scottish Mortgage Price Performance

SMT opened at GBX 911.20 ($11.55) on Tuesday. Scottish Mortgage has a 12-month low of GBX 703.20 ($8.91) and a 12-month high of GBX 946.10 ($11.99). The company has a market cap of £12.57 billion, a price-to-earnings ratio of -1,759.62 and a beta of 0.75. The company has a current ratio of 0.16, a quick ratio of 0.53 and a debt-to-equity ratio of 15.37. The stock has a fifty day simple moving average of GBX 855.43 and a two-hundred day simple moving average of GBX 864.44.

Insiders Place Their Bets

In related news, insider Sharon Flood purchased 2,418 shares of Scottish Mortgage stock in a transaction dated Monday, September 2nd. The stock was purchased at an average cost of GBX 827 ($10.48) per share, for a total transaction of £19,996.86 ($25,347.78). Corporate insiders own 3.25% of the company’s stock.

About Scottish Mortgage

Scottish Mortgage Investment Trust PLC is a closed-ended equity mutual fund launched and managed by Baillie Gifford & Co Ltd. The fund is co-managed by Baillie Gifford & Co It invests in public equity markets of countries across the globe. The fund seeks to invest in stocks of companies operating across diversified sectors.