Murray Income Trust PLC (LON:MUT) Declares Dividend Increase – GBX 10 Per Share

Murray Income Trust PLC (LON:MUT) announced a dividend on Tuesday, July 30th, Upcoming.Co.Uk reports. Shareholders of record on Thursday, August 15th will be given a dividend of GBX 10 ($0.13) per share on Thursday, September 12th. This represents a yield of 1.12%. The ex-dividend date of this dividend is Thursday, August 15th. This is a boost from Murray Income Trust’s previous dividend of $9.50. The official announcement can be seen at this link.

Murray Income Trust Trading Up 0.5 %

Shares of LON MUT opened at GBX 876.34 ($11.19) on Wednesday. Murray Income Trust has a twelve month low of GBX 766.60 ($9.79) and a twelve month high of GBX 908 ($11.59). The company has a current ratio of 2.92, a quick ratio of 3.64 and a debt-to-equity ratio of 11.60. The stock has a fifty day simple moving average of GBX 869.87 and a 200-day simple moving average of GBX 852.75. The stock has a market capitalization of £938.12 million, a PE ratio of 1,222.19 and a beta of 0.80.

Insider Activity

In other news, insider Angus Franklin acquired 1,838 shares of the company’s stock in a transaction dated Thursday, June 6th. The stock was acquired at an average cost of GBX 865 ($11.04) per share, with a total value of £15,898.70 ($20,299.67). Insiders own 0.86% of the company’s stock.

Murray Income Trust Company Profile

Murray Income Trust PLC is a closed ended equity mutual fund launched and managed by Aberdeen Fund Managers Limited. It is co-managed by Aberdeen Asset Managers Limited. The fund invests in the public equity markets of the United Kingdom. It seeks to invest in stocks of companies operating across diversified sectors.