Murray Income Trust (LON:MUT) Posts Quarterly Earnings Results

Murray Income Trust (LON:MUT) posted its quarterly earnings data on Wednesday. The company reported GBX 15.20 ($0.20) earnings per share (EPS) for the quarter, Digital Look Earnings reports. Murray Income Trust had a return on equity of 9.57% and a net margin of 92.34%.

Murray Income Trust Stock Down 0.2 %

MUT traded down GBX 2.04 ($0.03) during trading hours on Friday, reaching GBX 838.96 ($10.81). 251,233 shares of the company’s stock traded hands, compared to its average volume of 314,178. The firm has a 50-day moving average price of GBX 840.39 and a 200 day moving average price of GBX 838.67. The firm has a market capitalization of £838.19 million, a PE ratio of 9.24 and a beta of 0.80. Murray Income Trust has a 52-week low of GBX 795 ($10.24) and a 52-week high of GBX 908 ($11.70).

Murray Income Trust Cuts Dividend

The firm also recently declared a dividend, which will be paid on Thursday, June 12th. Stockholders of record on Thursday, May 15th will be issued a GBX 9.50 ($0.12) dividend. The ex-dividend date of this dividend is Thursday, May 15th. This represents a dividend yield of 1.17%. Murray Income Trust’s payout ratio is 42.97%.

Insider Transactions at Murray Income Trust

In other news, insider Peter Tait purchased 5,000 shares of the business’s stock in a transaction on Friday, December 13th. The shares were acquired at an average cost of GBX 36 ($0.46) per share, with a total value of £1,800 ($2,319.59). Also, insider Andrew Page acquired 2,500 shares of the stock in a transaction dated Wednesday, March 5th. The stock was acquired at an average cost of GBX 853 ($10.99) per share, with a total value of £21,325 ($27,480.67). Corporate insiders own 3.00% of the company’s stock.

About Murray Income Trust

An investment trust founded in 1923 aiming for high and growing income with capital growth.