Dividend Declaration

RNS Number : 1205F

Scottish American Investment Co PLC

02 November 2022

 

The Scottish American Investment Company P.L.C. ('SAINTS')

Legal Entity Identifier: 549300NF03XVC5IFB447

Third Interim Dividend for 2022

The Board of SAINTS announces that it is declaring a third interim dividend of 3.50p per ordinary share in respect of the year to 31 December 2022 (an increase of 10.2% on the corresponding dividend last year), payable on 16 December 2022 to shareholders on the register at the close of business on 18 November 2022. The ex-dividend date is 17 November 2022.  The Company operates a Dividend Reinvestment Plan and the final date for elections for reinvestment of this dividend is 25 November 2022.

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 49th consecutive year of dividend growth. The Board expects SAINTS dividends to grow ahead of inflation over the long term and ideally also over shorter periods such as calendar years.

Baillie Gifford & Co Limited

Company Secretaries

2 November 2022

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

 

END

 

 

DIVUPGPCGUPPGAP