Scottish Mortgage (LON:SMT) Declares Dividend of GBX 4

Scottish Mortgage (LON:SMT) announced a dividend on Thursday, March 20th, Upcoming Dividends.Co.Uk reports. Investors of record on Thursday, March 27th will be paid a dividend of GBX 4 ($0.05) per share on Monday, March 31st. This represents a yield of 2.8%. The ex-dividend date of this dividend is Thursday, March 27th. This is a 150.0% increase from Scottish Mortgage’s previous dividend of $1.60. The official announcement can be accessed at this link.

Scottish Mortgage Stock Performance

LON SMT opened at GBX 965.60 ($12.47) on Friday. Scottish Mortgage has a fifty-two week low of GBX 733.43 ($9.47) and a fifty-two week high of GBX 1,142.51 ($14.75). The stock has a 50 day simple moving average of GBX 1,040.47 and a two-hundred day simple moving average of GBX 944.41. The stock has a market cap of £11.81 billion, a P/E ratio of 9.91 and a beta of 0.75.

Scottish Mortgage Company Profile

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.