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

The Mercantile Investment Trust plc (LON:MRC) declared a dividend on Tuesday, September 17th, Upcoming.Co.Uk reports. Stockholders 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 dividend yield of 0.61%. The ex-dividend date of this dividend is Thursday, September 26th. The official announcement can be viewed at this link.

The Mercantile Investment Trust Trading Down 0.7 %

Shares of LON MRC opened at GBX 243.28 ($3.26) on Wednesday. The Mercantile Investment Trust has a 12-month low of GBX 177.20 ($2.37) and a 12-month high of GBX 269.05 ($3.60). The company has a market cap of £1.88 billion, a price-to-earnings ratio of 2,435.00 and a beta of 1.16. The company has a current ratio of 5.04, a quick ratio of 11.82 and a debt-to-equity ratio of 17.58. The stock’s 50 day simple moving average is GBX 248.15 and its 200 day simple moving average is GBX 237.82.

The Mercantile Investment Trust Company Profile

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.