Scottish American Invest... Share Discussion Threads

[29palms] 23/7/2015 19:03

23 July 2015

The Scottish American Investment Company P.L.C.

Owing to demand in the market, the Company announces the allotment of 50,000 new Ordinary Shares of 25p each fully paid on 23 July 2015. Following the allotment there are 133,060,943 Ordinary Shares in issue. These shares were issued for cash on 23 July 2015 at a price of 271.5p per share and at a premium to the prevailing net asset value.

Baillie Gifford & Co Limited

Company Secretaries

[gopher] 15/11/2014 13:35

Picked this up as a dividend payer on a 5% discount when Murray International is on a 10% premium and NAV performance is similar (see Trustnet Global Equity Income). Charges good at 0.45%, I would also point out that top 10 doesn't include tobacco like Murray (and Neil Woodford)

There is some underperformance against benchmark but that may be because its not a pure equity play which I don't have a problem with

[29palms] 14/11/2014 18:29

Yet again another increase in quarterly dividend from last year.

Third interim dividend for 2014

The Board of SAINTS announces that it is declaring a third interim dividend of 2.625p (up 2.9% on the corresponding dividend last year) per ordinary share in respect of the year to 31 December 2014, payable on 19 December 2014 to shareholders on the register at the close of business on 28 November 2014. The ex-dividend date is 27 November 2014. The Company operates a Dividend Reinvestment Plan and the final date for elections for reinvestment of this dividend is 2 December 2014

[29palms] 29/7/2014 23:37

Another increase in quarterly dividend-
Half-Yearly Management Report

The net asset value total return for the first six months of 2014 was 1.6% and the share price total return was also 1.6%. The total return of the benchmark, the FTSE All-World Index (in sterling terms), was 3.2%. Earnings per share rose to 6.62p from 6.26p in the same period last year, and our expectation is that income for the full year will show growth compared to the 10.21p earned in the year to 31 December 2013.

A first interim dividend of 2.60p was paid at the end of June and the second interim dividend of 2.625p is payable at the end of September. The total amount of dividends, 5.225p, is 3.5% higher than the amount paid for the corresponding period in 2013. This rate of increase in the dividend exceeds the current rates of inflation, with RPI and CPI increasing by 2.6% and 1.9% respectively on an annual basis as at the end of June 2014

[29palms] 15/5/2014 18:49

The Board of SAINTS announces that it is declaring a first interim dividend of 2.60p (up 4.0% on the corresponding dividend last year) per ordinary share in respect of the year to 31 December 2014, payable on 27 June 2014 to shareholders on the register at the close of business on 30 May 2014. The ex-dividend date is 28 May 2014.

Once again increasing dividend.

[topvest] 15/2/2014 12:05

Yes, steady as she goes. Happy to hold this very long term.

[29palms] 14/2/2014 23:48

SAINTS net asset value per share rose 12% in the year to end December 2013. The total return for the year (capital and income) was 17%.
A final dividend of 2.6p is recommended which will take the full year dividend to 10.2p per share, 4.1% higher than the 2012 dividend of 9.8p and also ahead of inflation of 2.7% as measured by RPI.
Final dividend of 2.60p will be paid on 11 April 2014 to all shareholders
on the register at the close of business on 7 March 2014. The ex-dividend date is 5 March

[29palms] 14/11/2013 18:47

Third interim dividend for 2013

The Board of SAINTS announces that it is declaring a third interim dividend of 2.55p (up 4.1% on the corresponding dividend last year) per ordinary share in respect of the year to 31 December 2013, payable on 20 December 2013 to shareholders on the register at the close of business on 22 November 2013. The ex-dividend date is 20 November 2013.

[29palms] 18/10/2013 23:49

New 5 year high today & paying healthy dividend.
Bodes well for next quarterly results due on 14th November
DYOR

[drewz] 10/8/2013 12:43

Doing well; steady earner.

[29palms] 16/5/2013 18:39

...and yet again, a nice increase in quarterly dividend.

First interim dividend for 2013

The Board of SAINTS announces that it is declaring a first interim dividend of 2.50p (up 4.2% on the corresponding dividend last year) per ordinary share in respect of the year to 31 December 2013, payable on 28 June 2013 to shareholders on the register at the close of business on 31 May 2013. The ex-dividend date is 29 May 2013.

SP has been hitting the heights as well:-)

DYOR

[topvest] 16/2/2013 08:58

Yes, doing ok. Steady as she goes!

[29palms] 15/2/2013 23:39

Once again nice and increasing steady dividends. Finals announced today and dividend sure does beat 0.25% from those greedy banks!!

First interim (paid 29 June 2012) 2.40p
Second interim (paid 28 September 2012) 2.45p
Third interim (paid 27 December 2012) 2.45p
The final dividend of 2.50p will be paid on 12 April 2013 to all shareholders on the regster at the close of business on 8 March 2013. The ex-dividend date is 6 March
The dividend for 2012 is 3.7% higher than the 9.45p paid in 2011
The rate of dividend growth exceeds the current rates of inflation (the Retail Price Index rose 3.1% in the year to end December 2012). We are confident that SAINTS' dividend will continue to grow in real terms over the medium to long term.

DYOR

[29palms] 18/11/2012 12:20

Been in this since 2007 and provides nice, steady and increasing div year in year out.
Third interim dividend for 2012

The Board of SAINTS announces that it is declaring a third interim dividend of 2.45p (up 4.3% on the corresponding dividend last year) per ordinary share in respect of the year to 31 December 2012, payable on 27 December 2012 to shareholders on the register at the close of business on 30 November 2012.

DYOR

[davidbh] 13/9/2012 22:45

topvest, thanks for the chart and starting new board.
Have held this from01.09and bought in since - result = +65% and 4.4% divi.
Still holding with no intention to sell.

[topvest] 09/9/2012 11:20

Thought I would start a thread on this old investment trust managed by Baillie Gifford. Anyone else hold this trust?