Murray Income Trust (LON:MUT) Issues Earnings Results

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

Murray Income Trust Trading Down 0.7 %

Murray Income Trust stock opened at GBX 835 ($10.76) on Friday. The firm has a market capitalization of £834.23 million, a P/E ratio of 9.20 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). The stock has a fifty day moving average price of GBX 840.39 and a 200 day moving average price of GBX 838.67.

Murray Income Trust Cuts Dividend

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

Insider Buying and Selling

In other Murray Income Trust news, insider Peter Tait acquired 5,000 shares of the stock in a transaction on Friday, December 13th. The stock was purchased at an average price of GBX 36 ($0.46) per share, for a total transaction of £1,800 ($2,319.59). Also, insider Andrew Page purchased 2,500 shares of the firm’s stock in a transaction that occurred on Wednesday, March 5th. The stock was purchased at an average price 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.