The Merchants Trust Plc (LON:MRCH) Increases Dividend to GBX 7.30 Per Share

The Merchants Trust Plc (LON:MRCH) declared a dividend on Friday, September 27th, Upcoming.Co.Uk reports. Shareholders of record on Thursday, October 10th will be given a dividend of GBX 7.30 ($0.10) per share by the investment trust on Friday, November 15th. This represents a yield of 1.25%. The ex-dividend date of this dividend is Thursday, October 10th. This is a positive change from The Merchants Trust’s previous dividend of $7.20. The official announcement can be accessed at this link.

The Merchants Trust Trading Up 0.5 %

LON MRCH opened at GBX 579.73 ($7.59) on Wednesday. The Merchants Trust has a 12 month low of GBX 476 ($6.23) and a 12 month high of GBX 605 ($7.92). The company has a debt-to-equity ratio of 13.87, a current ratio of 0.55 and a quick ratio of 0.70. The company has a market capitalization of £860.44 million, a price-to-earnings ratio of -2,747.62 and a beta of 0.96. The company’s fifty day moving average price is GBX 587.58 and its two-hundred day moving average price is GBX 572.58.

The Merchants Trust Company Profile

The Merchants Trust Plc is a closed-ended equity mutual fund launched and managed by Allianz Global Investors GmbH, UK Branch. The fund invests in the public equity markets of the United Kingdom. It invests in stocks of companies operating across diversified sectors. The fund benchmarks the performance of its portfolio against the FTSE All-Share Index.