Baillie Gifford Shin Nippon (LON:BGS) to Issue GBX 0.80 Dividend

Baillie Gifford Shin Nippon (LON:BGS) declared a dividend on Monday, March 25th, Upcoming.Co.Uk reports. Shareholders of record on Thursday, April 18th will be given a dividend of GBX 0.80 ($0.01) per share on Thursday, May 30th. This represents a yield of 0.65%. The ex-dividend date is Thursday, April 18th. The official announcement can be accessed at this link.

Baillie Gifford Shin Nippon Price Performance

LON BGS opened at GBX 115.34 ($1.44) on Tuesday. Baillie Gifford Shin Nippon has a 1 year low of GBX 114.40 ($1.42) and a 1 year high of GBX 150.80 ($1.88). The business’s fifty day moving average is GBX 122.26 and its two-hundred day moving average is GBX 123.78. The stock has a market capitalization of £353.39 million, a P/E ratio of -1,067.27 and a beta of 0.62. The company has a debt-to-equity ratio of 17.93, a quick ratio of 3.66 and a current ratio of 0.12.

Insider Activity

In related news, insider Kevin Troup purchased 10,000 shares of the company’s stock in a transaction that occurred on Monday, March 25th. The shares were purchased at an average price of GBX 123 ($1.53) per share, with a total value of £12,300 ($15,311.84). In other news, insider Jamie Skinner acquired 32,500 shares of the stock in a transaction on Wednesday, April 3rd. The shares were purchased at an average cost of GBX 118 ($1.47) per share, for a total transaction of £38,350 ($47,740.57). Also, insider Kevin Troup bought 10,000 shares of the business’s stock in a transaction on Monday, March 25th. The shares were purchased at an average cost of GBX 123 ($1.53) per share, for a total transaction of £12,300 ($15,311.84). 0.32% of the stock is currently owned by company insiders.

About Baillie Gifford Shin Nippon

Baillie Gifford Shin Nippon PLC is a closed-ended equity mutual fund launched and managed by Baillie Gifford & Co Ltd. It is co-managed by Baillie Gifford & Co The fund invests in the public equity markets of Japan. It seeks to invest in stocks of companies operating across diversified sectors.