The Mercantile Investment Trust plc (LON:MRC) Declares Dividend of GBX 1.35

The Mercantile Investment Trust plc (LON:MRCGet Rating) announced a dividend on Thursday, September 22nd, Upcoming.Co.Uk reports. Stockholders of record on Thursday, September 29th will be given a dividend of GBX 1.35 ($0.02) per share by the investment trust on Tuesday, November 1st. This represents a dividend yield of 0.77%. The ex-dividend date of this dividend is Thursday, September 29th. The official announcement can be accessed at this link.

The Mercantile Investment Trust Price Performance

Shares of LON:MRC traded down GBX 2.01 ($0.02) during trading on Thursday, reaching GBX 177.79 ($2.15). 2,037,451 shares of the company’s stock traded hands, compared to its average volume of 1,269,240. The Mercantile Investment Trust has a fifty-two week low of GBX 173.76 ($2.10) and a fifty-two week high of GBX 285.50 ($3.45). The company has a quick ratio of 7.67, a current ratio of 7.67 and a debt-to-equity ratio of 14.91. The firm has a market cap of ¬£1.41 billion and a PE ratio of 538.75. The company has a 50-day simple moving average of GBX 190.56 and a 200-day simple moving average of GBX 197.15.

About The Mercantile Investment Trust

(Get Rating)

The Mercantile Investment Trust plc is an open ended equity mutual fund launched and managed by JPMorgan Funds Limited. The fund is co-managed by JPMorgan Asset Management (UK) Limited. It invests in the public equity markets of the United Kingdoms. The fund spreads its investments across diversified sectors.

Read More

Dividend History for The Mercantile Investment Trust (LON:MRC)

Receive News & Ratings for The Mercantile Investment Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for The Mercantile Investment Trust and related companies with MarketBeat.com's FREE daily email newsletter.