Scottish Investment Trust PLC (SCIN) Plans Dividend of GBX 19.50
Scottish Investment Trust PLC (LON:SCIN) declared a dividend on Monday, December 11th, Upcoming.Co.Uk reports. Investors of record on Thursday, January 11th will be given a dividend of GBX 19.50 ($0.26) per share on Friday, February 9th. This represents a yield of 2.27%. The ex-dividend date of this dividend is Thursday, January 11th. This is a positive change from Scottish Investment Trust’s previous dividend of $5.50. The official announcement can be accessed at this link.
Scottish Investment Trust (SCIN) opened at GBX 891 ($11.91) on Friday. The firm has a market cap of $700.49 and a price-to-earnings ratio of 1,142.31. Scottish Investment Trust has a 52 week low of GBX 763 ($10.20) and a 52 week high of GBX 893 ($11.94).
In related news, insider Karyn Lamont bought 2,500 shares of the business’s stock in a transaction that occurred on Monday, October 30th. The stock was bought at an average cost of GBX 843 ($11.27) per share, with a total value of £21,075 ($28,178.90).
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The Scottish Investment Trust PLC is a self-managed investment company. The Company’s objective is to provide investors, over the longer term, with above-average returns through a diversified portfolio of international equities and to achieve dividend growth ahead of the United Kingdom inflation. It invests in a portfolio constructed through an investment process whereby assets are primarily allocated on the basis of the investment merits of individual stocks rather than those of regions, sectors or themes.
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