Scottish American Investment Co PLC Dividend Declaration (9247Z)

TIDMSAIN

RNS Number : 9247Z

Scottish American Investment Co PLC

18 May 2023

The Scottish American Investment Company P.L.C. (SAIN)

Legal Entity Identifier: 549300NF03XVC5IFB447

First interim dividend for 2023

The Board of SAINTS announces that it is declaring a first interim dividend of 3.30p (up 1.5% on the corresponding dividend last year) per ordinary share in respect of the year to 31 December 2023, payable on 22 June 2023 to shareholders on the register at the close of business on 26 May 2023. The ex-dividend date is 25 May 2023. The Company operates a Dividend Reinvestment Plan and the final date for elections for reinvestment of this dividend is 1 June 2023.

The Board expects SAINTS' dividends to grow ahead of inflation over the long term and remains confident that this year will mark the Company's 50(th) consecutive year of dividend growth.

Baillie Gifford & Co Limited

Company Secretaries

18 May 2023

Regulated Information Classification: Additional regulated information required to be disclosed under applicable laws

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(END) Dow Jones Newswires

May 18, 2023 07:51 ET (11:51 GMT)