The Mercantile Investment Trust plc (MRC) to Issue Dividend of GBX 1.50 on November 1st

The Mercantile Investment Trust plc (LON:MRC) declared a dividend on Tuesday, September 17th, Upcoming.Co.Uk reports. Investors 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 yield of 0.61%. The ex-dividend date is Thursday, September 26th. The official announcement can be accessed at this link.

The Mercantile Investment Trust Stock Performance

Shares of The Mercantile Investment Trust stock opened at GBX 248.05 ($3.28) on Thursday. The Mercantile Investment Trust has a 52 week low of GBX 177.20 ($2.34) and a 52 week high of GBX 269.05 ($3.55). The company has a quick ratio of 11.82, a current ratio of 5.04 and a debt-to-equity ratio of 17.58. The business has a 50 day moving average price of GBX 248.21 and a 200-day moving average price of GBX 237. The company has a market cap of £1.92 billion, a PE ratio of 2,450.00 and a beta of 1.16.

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.