Merchants Trust plc (LON:MRCH) Increases Dividend to GBX 6.70 Per Share

Merchants Trust plc (LON:MRCH) announced a dividend on Tuesday, July 2nd, Upcoming.Co.Uk reports. Investors of record on Thursday, July 11th will be given a dividend of GBX 6.70 ($0.09) per share by the investment trust on Tuesday, August 20th. This represents a yield of 1.35%. The ex-dividend date of this dividend is Thursday, July 11th. This is a boost from Merchants Trust’s previous dividend of $6.60. The official announcement can be seen at this link.

MRCH stock opened at GBX 498 ($6.51) on Tuesday. The firm has a fifty day simple moving average of GBX 485.51. Merchants Trust has a 12 month low of GBX 4.75 ($0.06) and a 12 month high of GBX 540 ($7.06). The stock has a market cap of $543.71 million and a P/E ratio of -16.94. The company has a debt-to-equity ratio of 20.64, a quick ratio of 11.88 and a current ratio of 11.88.

Merchants Trust Company Profile

The Merchants Trust Plc is a closed-ended equity mutual fund launched and managed by Allianz Global Investors GmbH, UK Branch. The fund invests in the public equity markets of the United Kingdom. It invests in stocks of companies operating across diversified sectors. The fund benchmarks the performance of its portfolio against the FTSE All-Share Index.

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Dividend History for Merchants Trust (LON:MRCH)

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