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

The Mercantile Investment Trust plc (LON:MRC) declared a dividend on Tuesday, September 17th, Upcoming.Co.Uk reports. Shareholders of record on Thursday, September 26th will be paid a dividend of GBX 1.50 ($0.02) per share by the investment trust on Friday, November 1st. This represents a yield of 0.61%. The ex-dividend date is Thursday, September 26th. The official announcement can be accessed at this link.

The Mercantile Investment Trust Stock Down 0.4 %

LON:MRC opened at GBX 246.62 ($3.29) on Tuesday. The company has a debt-to-equity ratio of 17.58, a current ratio of 5.04 and a quick ratio of 11.82. The firm’s 50-day moving average price is GBX 248.22 and its 200-day moving average price is GBX 237.67. The company has a market capitalization of £1.91 billion, a PE ratio of 2,475.00 and a beta of 1.16. The Mercantile Investment Trust has a 1-year low of GBX 177.20 ($2.37) and a 1-year high of GBX 269.05 ($3.59).

About The Mercantile Investment Trust

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.