Scottish Mortgage (LON:SMT - Get Free Report) shares passed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of GBX 920.95 ($12.30) and traded as high as GBX 1,004 ($13.41). Scottish Mortgage shares last traded at GBX 995 ($13.29), with a volume of 1,816,668 shares traded.
Scottish Mortgage Price Performance
The firm has a market capitalization of £12.23 billion, a P/E ratio of 10.26 and a beta of 0.75. The stock's 50-day simple moving average is GBX 922.31 and its two-hundred day simple moving average is GBX 968.05.
Scottish Mortgage Increases Dividend
The business also recently announced a dividend, which was paid on Monday, March 31st. Investors of record on Thursday, March 27th were given a dividend of GBX 4 ($0.05) per share. 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 dividend yield of 2.8%. Scottish Mortgage's dividend payout ratio is currently 4.10%.
Insider Buying and Selling
In related news, insider Vikram Kumaraswamy purchased 2,111 shares of the company's stock in a transaction that occurred on Monday, March 31st. The stock was bought at an average price of GBX 942 ($12.58) per share, for a total transaction of £19,885.62 ($26,560.20). 3.25% of the stock is owned by company insiders.
About Scottish Mortgage
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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.
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