Dividend Declaration

RNS Number : 1093M

Scottish American Investment Co PLC

19 May 2022

 

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

Legal Entity Identifier: 549300NF03XVC5IFB447

First interim dividend for 2022

The Board of SAINTS announces that it is declaring a first interim dividend of 3.25p (up 6.6% on the corresponding dividend last year) per ordinary share in respect of the year to 31 December 2022, payable on 22 June 2022 to shareholders on the register at the close of business on 27 May 2022. The ex-dividend date is 26 May 2022.  The Company operates a Dividend Reinvestment Plan and the final date for elections for reinvestment of this dividend is 1 June 2022.

The Board expects SAINTS dividends to grow ahead of inflation over the long term and ideally also over shorter periods such as calendar years. The Board will continue to monitor the pace of inflation over the remainder of 2022 and remains confident that this year will mark the company's 49^th consecutive year of dividend growth.

Baillie Gifford & Co Limited

Company Secretaries

19 May 2022

Regulated Information Classification: Additional regulated information required to be disclosed under the laws of a Member State

 

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