Manchester & London (MNL) to Issue Dividend of GBX 7 on August 1st

Manchester & London (LON:MNL) announced a dividend on Friday, May 24th, Upcoming.Co.Uk reports. Shareholders of record on Thursday, July 4th will be given a dividend of GBX 7 ($0.09) per share by the investment trust on Thursday, August 1st. This represents a yield of 1.03%. The ex-dividend date of this dividend is Thursday, July 4th. The official announcement can be seen at this link.

Manchester & London Stock Up 0.7 %

Shares of LON:MNL opened at GBX 785.19 ($9.93) on Tuesday. The business has a 50 day moving average price of GBX 696.08 and a 200 day moving average price of GBX 638.21. The company has a market cap of £315.57 million, a price-to-earnings ratio of 301.16 and a beta of 0.45. Manchester & London has a twelve month low of GBX 409 ($5.17) and a twelve month high of GBX 850 ($10.75).

Manchester & London Company Profile

Manchester & London Investment Trust plc is a close-ended fund launched and managed by M&L Capital Management Limited. The fund primarily invests in the public equity markets of the United Kingdom. It makes its investments across diversified sectors. The fund primarily invests in growth stocks of companies by employing a fundamental analysis.