Scottish American Investment Co PLC Dividend Declaration (1205F)
03 November 2022 - 2:44AM
UK Regulatory
TIDMSAIN
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
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