Scottish Mortgage Inv Trust (SMT)

Sector:

Investment Firms

Index:

FTSE 100

870.80p
   
  • Change Today:
    -18.40p
  • 52 Week High: 896.80
  • 52 Week Low: 637.60
  • Currency: UK Pounds
  • Shares Issued: 1,339.07m
  • Volume: 1,940,471
  • Market Cap: £11,661m
  • RiskGrade: 143

Scottish Mortgage Investment Trust posts drop in earnings

By Edward Swift

Date: Friday 06 Nov 2015

LONDON (ShareCast) - (ShareCast News) - Scottish Mortgage Investment Trust has posted a 24.1% drop in earnings per share in its interim results, and warns the trend is expected to continue.
The FTSE 250 investment firm posted its results for the six months to 30 September on Friday.

Earnings per share were 1.23p over the period, compared with 1.62p for the same period last year.

It said the reason was the large number of companies, particularly in the US, reinvesting in future growth instead of paying cash out to shareholders.

"This trend of lower earnings, foreshadowed in the Annual Report, is expected to continue," the report noted.

However it reminded shareholders of its role as a "long term growth investment trust with an objective to maximise total returns to shareholders, which it aims to achieve primarily through capital appreciation".

Despite the results, the company did its bit to keep shareholders on-side by paying an unchanged interim dividend of 1.38p.

Shareholders were confident in the firm's investment strategy, with shares up 4.60p (1.74%) to 269.70 at 0924 GMT.

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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 870.80p
Change Today -18.40p
% Change -2.07 %
52 Week High 896.80
52 Week Low 637.60
Volume 1,940,471
Shares Issued 1,339.07m
Market Cap £11,661m
RiskGrade 143

SMT Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value Not Available
Price Trend
78.11% above the market average78.11% above the market average78.11% above the market average78.11% above the market average78.11% above the market average
88.52% above the sector average88.52% above the sector average88.52% above the sector average88.52% above the sector average88.52% above the sector average
Income Not Available
Growth Not Available

SMT Dividends

  Latest Previous
  Interim Final
Ex-Div 23-Nov-23 01-Jun-23
Paid 15-Dec-23 04-Jul-23
Amount 1.60p 2.50p

Trades for 21-May-2024

Time Volume / Share Price
17:12 390 @ 870.80p
16:35 301,848 @ 870.80p
16:35 129 @ 870.80p
16:35 159 @ 870.80p
16:35 1,429 @ 870.80p

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