Scottish Mortgage Inv Trust (SMT)

Sector:

Investment Firms

Index:

FTSE 100

898.40p
   
  • Change Today:
    -2.60p
  • 52 Week High: 908.40p
  • 52 Week Low: 637.60p
  • Currency: UK Pounds
  • Shares Issued: 1,337.31m
  • Volume: 689,562
  • Market Cap: £12,014m
  • RiskGrade: 143

Scottish Mortgage Investment Trust posts annual earnings growth

Date: Wednesday 01 May 2013

LONDON (ShareCast) - Scottish Mortgage Investment Trust reported strong annual earnings results boosted by non-recurring dividends most notably from its holding in Polish copper miner KGHM.

Earnings per share totalled 15.59p for the year to March 31st, compared to 13.07p in 2012.

However, the group expects the following year’s earnings to be lower as the company said it has "benefitted from the special dividends and accelerated timing of dividend receipts".

The group proposed a final dividend of 7.3p per share, bringing the total for the year to 14p which represents a 7.7% rise.

"Although the primary focus of this trust is to provide long term capital growth, it is the board's intention to provide progressive and real dividend growth; the existence of reserves of 26p per share would allow us, if necessary, to smooth dividend payments from year to year should the need arise," said Chairman, John Scott.

"Longer term, the outlook for dividend increases remains healthy."

The firm’s share price reached a new high of 862.5p in early March, before falling back to 822.5p at the end of the same month.

Over the course of the year, the share price rose by 16.2% and the net asset value (NAV) per share increased by 11.6%.

Despite the impact of the 2008 financial crisis, the group has achieved a total return over the past five years of a 53% increase in share price and 45% rise in NAV.

In the year ahead, the company expects the European debt crisis to continue to pose a threat to the performance of its portfolio. With that in mind, Scottish Mortgage said it will carefully select investments that generate returns.

RD

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

SMT Market Data

Currency UK Pounds
Share Price 898.40p
Change Today -2.60p
% Change -0.29 %
52 Week High 908.40p
52 Week Low 637.60p
Volume 689,562
Shares Issued 1,337.31m
Market Cap £12,014m
RiskGrade 143

SMT Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
6.47% above the market average6.47% above the market average6.47% above the market average6.47% above the market average6.47% above the market average
15.82% below the sector average15.82% below the sector average15.82% below the sector average15.82% below the sector average15.82% below the sector average
Price Trend
84.37% above the market average84.37% above the market average84.37% above the market average84.37% above the market average84.37% above the market average
95.77% above the sector average95.77% above the sector average95.77% above the sector average95.77% above the sector average95.77% above the sector average
Income
88.18% below the market average88.18% below the market average88.18% below the market average88.18% below the market average88.18% below the market average
91.03% below the sector average91.03% below the sector average91.03% below the sector average91.03% below the sector average91.03% below the sector average
Growth
40.81% above the market average40.81% above the market average40.81% above the market average40.81% above the market average40.81% above the market average
35.50% above the sector average35.50% above the sector average35.50% above the sector average35.50% above the sector average35.50% above the sector average

SMT Dividends

  Latest Previous
  Final Interim
Ex-Div 13-Jun-24 23-Nov-23
Paid 11-Jul-24 15-Dec-23
Amount 2.64p 1.60p

Trades for 28-May-2024

Time Volume / Share Price
11:16 558 @ 897.61p
11:16 142 @ 898.40p
11:16 326 @ 898.40p
11:16 113 @ 898.00p
11:15 552 @ 898.63p

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