Murray Income Trust PLC (LON:MUT) Insider Acquires £1,800 in Stock

Murray Income Trust PLC (LON:MUT) insider Peter Tait purchased 5,000 shares of the company’s stock in a transaction on Friday, December 13th. The shares were purchased at an average price of GBX 36 ($0.45) per share, with a total value of £1,800 ($2,271.87).

Murray Income Trust Stock Performance

Shares of LON:MUT opened at GBX 823 ($10.39) on Friday. The firm has a market capitalization of £854.44 million, a PE ratio of 1,143.06 and a beta of 0.80. The company has a debt-to-equity ratio of 11.60, a current ratio of 2.92 and a quick ratio of 3.64. The business has a 50-day moving average of GBX 826.22 and a two-hundred day moving average of GBX 852.84. Murray Income Trust PLC has a 12 month low of GBX 797.45 ($10.07) and a 12 month high of GBX 908 ($11.46).

Murray Income Trust Cuts Dividend

The business also recently announced a dividend, which will be paid on Thursday, March 13th. Stockholders of record on Thursday, February 13th will be paid a GBX 9.50 ($0.12) dividend. The ex-dividend date of this dividend is Thursday, February 13th. This represents a dividend yield of 1.17%. Murray Income Trust’s dividend payout ratio (DPR) is currently 5,416.67%.

Murray Income Trust Company Profile

Murray Income Trust PLC is a closed ended equity mutual fund launched and managed by Aberdeen Fund Managers Limited. It is co-managed by Aberdeen Asset Managers Limited. The fund invests in the public equity markets of the United Kingdom. It seeks to invest in stocks of companies operating across diversified sectors.