Mercantile Investment Trust PLC (LON:MRC) declared a dividend on Thursday, May 23rd, Upcoming.Co.Uk reports. Investors of record on Thursday, June 20th will be paid a dividend of GBX 1.35 ($0.02) per share by the investment trust on Thursday, August 1st. This represents a dividend yield of 0.66%. The ex-dividend date is Thursday, June 20th. The official announcement can be viewed at this link.
MRC traded down GBX 3.35 ($0.04) during midday trading on Thursday, reaching GBX 204.65 ($2.67). The company’s stock had a trading volume of 291,723 shares, compared to its average volume of 127,900. The stock has a market cap of $1.62 billion and a PE ratio of -10.13. The company has a debt-to-equity ratio of 10.14, a quick ratio of 13.36 and a current ratio of 13.36. Mercantile Investment Trust has a 1 year low of GBX 2.26 ($0.03) and a 1 year high of GBX 227 ($2.97).
ILLEGAL ACTIVITY NOTICE: This news story was reported by The Lincolnian Online and is owned by of The Lincolnian Online. If you are viewing this news story on another domain, it was copied illegally and republished in violation of international copyright and trademark legislation. The legal version of this news story can be read at https://www.thelincolnianonline.com/2019/05/23/mercantile-investment-trust-plc-mrc-plans-dividend-of-gbx-1-35.html.
About 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.
Recommended Story: How to find the components of the quick ratio
Receive News & Ratings for Mercantile Investment Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Mercantile Investment Trust and related companies with MarketBeat.com's FREE daily email newsletter.