The Mercantile Investment Trust plc Announces Dividend of GBX 1.50 (LON:MRC)

The Mercantile Investment Trust plc (LON:MRC) announced a dividend on Tuesday, September 17th, Upcoming.Co.Uk reports. Investors of record on Thursday, September 26th will be given a dividend of GBX 1.50 ($0.02) per share by the investment trust on Friday, November 1st. This represents a yield of 0.61%. The ex-dividend date is Thursday, September 26th. The official announcement can be seen at this link.

The Mercantile Investment Trust Stock Performance

Shares of The Mercantile Investment Trust stock opened at GBX 243.28 ($3.26) on Wednesday. The company has a debt-to-equity ratio of 17.58, a quick ratio of 11.82 and a current ratio of 5.04. The Mercantile Investment Trust has a 1 year low of GBX 177.20 ($2.37) and a 1 year high of GBX 269.05 ($3.60). The firm’s 50-day simple moving average is GBX 248.15 and its 200-day simple moving average is GBX 237.82. The firm has a market cap of £1.88 billion, a PE ratio of 2,435.00 and a beta of 1.16.

About The Mercantile Investment Trust

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.