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

The Mercantile Investment Trust plc (LON:MRC) declared a dividend on Tuesday, December 10th,Upcoming Dividends.Co.Uk reports. Shareholders of record on Thursday, December 19th will be paid a dividend of GBX 1.50 ($0.02) per share by the investment trust on Monday, February 3rd. This represents a yield of 0.62%. The ex-dividend date of this dividend is Thursday, December 19th. The official announcement can be seen at this link.

The Mercantile Investment Trust Stock Down 1.7 %

Shares of The Mercantile Investment Trust stock opened at GBX 234.50 ($2.98) on Tuesday. The stock has a market capitalization of £1.82 billion, a price-to-earnings ratio of 2,345.00 and a beta of 1.16. The Mercantile Investment Trust has a twelve month low of GBX 205 ($2.60) and a twelve month high of GBX 269.05 ($3.41). 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 business’s 50 day simple moving average is GBX 236.52 and its 200-day simple moving average is GBX 241.17.

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.