Insider Buying: Scottish Mortgage (LON:SMT) Insider Purchases £19,885.62 in Stock

Scottish Mortgage (LON:SMT) insider Vikram Kumaraswamy bought 2,111 shares of the stock in a transaction dated Monday, March 31st. The shares were bought at an average cost of GBX 942 ($12.23) per share, with a total value of £19,885.62 ($25,822.13).

Vikram Kumaraswamy also recently made the following trade(s):

• On Friday, March 28th, Vikram Kumaraswamy acquired 2,064 shares of Scottish Mortgage stock. The shares were acquired at an average cost of GBX 964 ($12.52) per share, for a total transaction of £19,896.96 ($25,836.85).

Scottish Mortgage Stock Down 1.5 %

Shares of Scottish Mortgage stock opened at GBX 936.22 ($12.16) on Thursday. The company has a market cap of £11.45 billion, a P/E ratio of 9.61 and a beta of 0.75. The firm’s 50 day moving average price is GBX 1,030.44 and its 200-day moving average price is GBX 951.49. Scottish Mortgage has a 52-week low of GBX 733.43 ($9.52) and a 52-week high of GBX 1,142.51 ($14.84).

Scottish Mortgage Increases Dividend

The company also recently announced a dividend, which was paid on Monday, March 31st. Investors of record on Thursday, March 27th were paid a GBX 4 ($0.05) dividend. This is a positive change from Scottish Mortgage’s previous dividend of $1.60. The ex-dividend date was Thursday, March 27th. This represents a yield of 2.8%. Scottish Mortgage’s dividend payout ratio (DPR) is 4.10%.

About Scottish Mortgage

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.