The Mercantile Investment Trust plc Announces Dividend of GBX 1.50 (LON:MRC)

The Mercantile Investment Trust plc (LON:MRC) declared a dividend on Tuesday, September 17th, Upcoming.Co.Uk reports. Stockholders of record on Thursday, September 26th will be paid a dividend of GBX 1.50 ($0.02) per share by the investment trust on Friday, November 1st. This represents a dividend yield of 0.61%. The ex-dividend date of this dividend is Thursday, September 26th. The official announcement can be seen at this link.

The Mercantile Investment Trust Stock Up 0.4 %

Shares of MRC stock traded up GBX 1 ($0.01) on Tuesday, hitting GBX 246 ($3.25). The company’s stock had a trading volume of 1,163,022 shares, compared to its average volume of 1,295,947. The stock has a market capitalization of £1.91 billion, a price-to-earnings ratio of 2,460.00 and a beta of 1.16. The Mercantile Investment Trust has a fifty-two week low of GBX 177.20 ($2.34) and a fifty-two week high of GBX 269.05 ($3.55). The firm’s fifty day moving average price is GBX 248.06 and its 200-day moving average price is GBX 236.76. The company has a debt-to-equity ratio of 17.58, a current ratio of 5.04 and a quick ratio of 11.82.

The Mercantile Investment Trust Company Profile

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.