Scottish Mortgage Investment Trust PLC is a closed-ended equity mutual fund launched and managed by Baillie Gifford & Co Ltd. The fund is co-managed by Baillie Gifford & Co. It invests in public equity markets of countries across the globe. The fund seeks to invest in stocks of companies operating across diversified sectors. The fund invests in growth stocks of companies. It focuses on factors such as strength of management, competitive position, customer perspective, prospects for sales and margins, current and potential valuation to create its portfolio. The fund benchmarks the performance of its portfolio against the FTSE All World Index. Scottish Mortgage Investment Trust PLC was formed in 1909 and is domiciled in the United Kingdom.
Scottish Mortgage Investment Trust Dividend Announcement
• Scottish Mortgage Investment Trust announced a semi annually dividend of £2.64 per ordinary share which will be made payable on 2024-07-11. Ex dividend date: 2024-06-13
• Scottish Mortgage Investment Trust annual dividend for 2024 was £2.64
• Scottish Mortgage Investment Trust annual dividend for 2023 was £4.10
• Scottish Mortgage Investment Trust's trailing twelve-month (TTM) dividend yield is 0.48%
• Scottish Mortgage Investment Trust's payout ratio for the trailing twelve months (TTM) is 6.39%
• Scottish Mortgage Investment Trust's dividend growth over the last five years (2018-2023) was 5.96% year
• Scottish Mortgage Investment Trust's dividend growth over the last ten years (2013-2023) was -11.68% year
Scottish Mortgage Investment Trust Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-06-13 | £2.64 | semi annually | 2024-07-11 |
2023-11-23 | £1.60 | semi annually | 2023-12-15 |
2023-06-01 | £2.50 | semi annually | 2023-07-04 |
2022-11-24 | £1.60 | semi annually | 2022-12-16 |
2022-06-01 | £2.07 | semi annually | 2022-07-01 |
2021-11-18 | £1.52 | semi annually | 2021-12-03 |
2021-06-03 | £1.97 | semi annually | 2021-07-01 |
2020-11-19 | £1.45 | semi annually | 2020-12-04 |
2020-06-04 | £1.86 | semi annually | 2020-07-01 |
2019-11-21 | £1.39 | semi annually | 2019-12-06 |
2019-06-06 | £1.74 | semi annually | 2019-07-02 |
2018-11-15 | £1.39 | semi annually | 2018-11-30 |
2018-06-07 | £1.68 | semi annually | 2018-07-02 |
2017-11-16 | £1.39 | semi annually | 2017-12-01 |
2017-06-08 | £1.61 | semi annually | 2017-07-03 |
2016-11-17 | £1.39 | semi annually | 2016-12-02 |
2016-06-09 | £1.58 | semi annually | 2016-07-04 |
2015-11-19 | £1.38 | semi annually | 2015-12-04 |
2015-06-11 | £1.55 | semi annually | 2015-07-06 |
2014-11-20 | £1.38 | semi annually | 2014-12-05 |
2014-06-11 | £7.60 | semi annually | 2014-07-07 |
2013-11-13 | £6.90 | semi annually | 2013-11-29 |
2013-05-29 | £7.30 | semi annually | 2013-07-01 |
Scottish Mortgage Investment Trust Dividend per year
Scottish Mortgage Investment Trust Dividend growth
Scottish Mortgage Investment Trust Dividend Yield
Scottish Mortgage Investment Trust current trailing twelve-month (TTM) dividend yield is 0.48%. Interested in purchasing Scottish Mortgage Investment Trust stock? Use our calculator to estimate your expected dividend yield:
Scottish Mortgage Investment Trust Financial Ratios
Scottish Mortgage Investment Trust Dividend FAQ
Other factors to consider when evaluating Scottish Mortgage Investment Trust as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
1. Determination of Dividend: Scottish Mortgage Investment Trust's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Scottish Mortgage Investment Trust publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Scottish Mortgage Investment Trust distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Scottish Mortgage Investment Trust are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: Scottish Mortgage Investment Trust sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Scottish Mortgage Investment Trust distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Scottish Mortgage Investment Trust declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of Scottish Mortgage Investment Trust's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Scottish Mortgage Investment Trust's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.