Scottish Mortgage (LON:SMT) Insider Vikram Kumaraswamy Acquires 2,111 Shares of Stock

Scottish Mortgage (LON:SMT) insider Vikram Kumaraswamy acquired 2,111 shares of the stock in a transaction on Monday, March 31st. The stock was bought at an average price of GBX 942 ($12.17) per share, with a total value of £19,885.62 ($25,692.02).

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

• On Friday, March 28th, Vikram Kumaraswamy bought 2,064 shares of Scottish Mortgage stock. The stock was purchased at an average cost of GBX 964 ($12.45) per share, with a total value of £19,896.96 ($25,706.67).

Scottish Mortgage Stock Down 2.7 %

LON SMT opened at GBX 943.40 ($12.19) on Tuesday. The firm has a market capitalization of £11.54 billion, a PE ratio of 9.68 and a beta of 0.75. The stock’s 50 day moving average is GBX 1,035.32 and its 200 day moving average is GBX 950.71. Scottish Mortgage has a twelve month low of GBX 733.43 ($9.48) and a twelve month high of GBX 1,142.51 ($14.76).

Scottish Mortgage Increases Dividend

The firm also recently announced a dividend, which was paid on Monday, March 31st. Stockholders of record on Thursday, March 27th were issued a dividend of GBX 4 ($0.05) per share. This represents a dividend yield of 2.8%. The ex-dividend date of this dividend was Thursday, March 27th. This is a boost from Scottish Mortgage’s previous dividend of $1.60. Scottish Mortgage’s payout ratio is 4.10%.

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.