Murray Income Trust (LON:MUT) Releases Quarterly Earnings Results

Murray Income Trust (LON:MUT) released its earnings results on Wednesday. The company reported GBX 15.20 ($0.19) earnings per share (EPS) for the quarter, Digital Look Earnings reports. Murray Income Trust had a return on equity of 9.57% and a net margin of 92.34%.

Murray Income Trust Trading Up 0.5 %

MUT opened at GBX 850 ($10.87) on Wednesday. The company has a market cap of £849.22 million, a P/E ratio of 9.37 and a beta of 0.80. Murray Income Trust has a 12 month low of GBX 795 ($10.17) and a 12 month high of GBX 908 ($11.62). The business’s 50-day moving average price is GBX 838.87 and its 200-day moving average price is GBX 839.06.

Murray Income Trust Cuts Dividend

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

Insider Buying and Selling

In related news, insider Andrew Page bought 2,500 shares of the firm’s stock in a transaction on Wednesday, March 5th. The stock was acquired at an average cost of GBX 853 ($10.91) per share, for a total transaction of £21,325 ($27,280.29). Also, insider Peter Tait acquired 5,000 shares of the business’s stock in a transaction dated Friday, December 13th. The shares were acquired at an average cost of GBX 36 ($0.46) per share, with a total value of £1,800 ($2,302.67). 3.00% of the stock is owned by insiders.

Murray Income Trust Company Profile

An investment trust founded in 1923 aiming for high and growing income with capital growth.