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

The Mercantile Investment Trust plc (LON:MRCGet Rating) declared a dividend on Thursday, September 22nd, Upcoming.Co.Uk reports. Shareholders 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 yield of 0.77%. The ex-dividend date is Thursday, September 29th. The official announcement can be accessed at this link.

The Mercantile Investment Trust Price Performance

The Mercantile Investment Trust stock opened at GBX 173.04 ($2.09) on Friday. The company has a current ratio of 7.67, a quick ratio of 7.67 and a debt-to-equity ratio of 14.91. The company has a market capitalization of £1.37 billion and a PE ratio of 538.75. The Mercantile Investment Trust has a 12 month low of GBX 172.20 ($2.08) and a 12 month high of GBX 285.50 ($3.45). The stock has a 50-day moving average price of GBX 190.56 and a two-hundred day moving average price 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.

Recommended Stories

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.