Scottish Mortgage (LON:SMT) Insider Purchases £19,896.96 in Stock

Scottish Mortgage (LON:SMT - Get Free Report) insider Vikram Kumaraswamy purchased 2,064 shares of the company's stock in a transaction on Friday, March 28th. The stock was bought 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 Down 1.9 %

Shares of LON SMT opened at GBX 958.60 ($12.41) on Friday. The stock's fifty day simple moving average is GBX 1,037.32 and its 200 day simple moving average is GBX 949.05. The stock has a market capitalization of £11.72 billion, a price-to-earnings ratio of 9.84 and a beta of 0.75. Scottish Mortgage has a 52-week low of GBX 733.43 ($9.49) and a 52-week high of GBX 1,142.51 ($14.79).

Scottish Mortgage Increases Dividend

The business also recently declared a dividend, which will be paid on Monday, March 31st. Investors of record on Thursday, March 27th will be given a GBX 4 ($0.05) dividend. This is a positive change from Scottish Mortgage's previous dividend of $1.60. The ex-dividend date of this dividend is Thursday, March 27th. This represents a dividend 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.

Read More

• Five stocks we like better than Scottish Mortgage
• ETF Screener: Uses and Step-by-Step Guide
• Why Dollar Tree’s Family Dollar Sale Could Spark a Comeback
• REIT Stocks - Best REIT Stocks to Add to Your Portfolio Today
• JPMorgan: The 'NVIDIA of Banking' Poised for More Gains?
• The Most Important Warren Buffett Stock for Investors: His Own
• Buy the Chewy Stock Reversal? Here’s Why Now Is the Time

This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. This story was reviewed by InsiderTrades.com's editorial team prior to publication. Please send any questions or comments about this story to contact@insidertrades.com.

More From MarketBeat

DOGE could send 6 AI stocks through the roof

Stay alert for Elon Musk and the Department of Government Efficiency's next move … Expect an announcement f...

Weiss Ratings | Sponsored

7 Stocks to Buy as the Travel Bubble Shows No Signs of Bursting

In 2020, travel stocks were in bad shape. Many hotels and airlines faced short-term revenue declines of up to ...

MarketBeat

Trump Allies Confirm Exec Order 14024 Triggers Dollar Collapse

Executive Order 14024 is paving the way for irreversible damage to the dollar's value—threatening your wealth,...

Priority Gold | Sponsored

Top Dividend Stocks for Long-Term Investors

MarketBeat tracks approximately 250,000 analyst recommendations each year and tracks more than 15,000 securiti...

MarketBeat

DOGE Social Security bombshell?

Elon Musk just dropped another bombshell... He revealed his DOGE organization has been taking aim at Social...

Altimetry | Sponsored

20 High-Yield Dividend Stocks that Could Ruin Your Retirement

Almost everyone loves a company that pays strong dividends. Who doesn't like receiving a check every quarter f...

MarketBeat

“Amazon Coin” set to outperform Bitcoin

Chris Rowe – the man who recommended Amazon in 1998… Bitcoin and Ethereum in 2017… And has spotted 44 diffe...

True Market Insiders | Sponsored

7 Dividend Stocks That Show Why Cash Is King

Dividends are a portion of a company's profits that it pays back to shareholders. That leads ...

MarketBeat