Scottish Mortgage (LON:SMT) Insider Vikram Kumaraswamy Purchases 2,064 Shares

Scottish Mortgage (LON:SMT) insider Vikram Kumaraswamy bought 2,064 shares of the company’s stock in a transaction that occurred on Friday, March 28th. The shares were purchased at an average cost of GBX 964 ($12.48) per share, for a total transaction of £19,896.96 ($25,753.25).

Scottish Mortgage Stock Performance

Shares of LON SMT opened at GBX 958.60 ($12.41) on Friday. Scottish Mortgage has a 1 year low of GBX 733.43 ($9.49) and a 1 year high of GBX 1,142.51 ($14.79). The firm has a market cap of £11.72 billion, a P/E ratio of 9.84 and a beta of 0.75. The stock has a fifty day moving average price of GBX 1,037.32 and a two-hundred day moving average price of GBX 949.05.

Scottish Mortgage Increases Dividend

The company also recently announced a dividend, which will be paid on Monday, March 31st. Investors of record on Thursday, March 27th will be paid a dividend of GBX 4 ($0.05) per share. The ex-dividend date of this dividend is Thursday, March 27th. This represents a yield of 2.8%. This is a boost from Scottish Mortgage’s previous dividend of $1.60. Scottish Mortgage’s dividend payout ratio (DPR) is currently 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.