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

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

The Mercantile Investment Trust Trading Down 0.2 %

Shares of MRC traded down GBX 0.52 ($0.01) during midday trading on Wednesday, reaching GBX 241.48 ($3.09). The company had a trading volume of 277,773 shares, compared to its average volume of 1,456,650. The firm has a 50 day simple moving average of GBX 236.27 and a 200-day simple moving average of GBX 241.30. The company has a quick ratio of 11.82, a current ratio of 5.04 and a debt-to-equity ratio of 17.58. The stock has a market cap of £1.87 billion, a PE ratio of 2,420.00 and a beta of 1.16. The Mercantile Investment Trust has a 1-year low of GBX 205 ($2.62) and a 1-year high of GBX 269.05 ($3.44).

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.