The Mercantile Investment Trust plc (LON:MRC – Get Free Report) shares crossed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of GBX 236.29 ($2.97) and traded as high as GBX 245 ($3.08). The Mercantile Investment Trust shares last traded at GBX 244 ($3.07), with a volume of 1,179,289 shares traded.
The Mercantile Investment Trust Stock Performance
The stock has a market capitalization of £1.81 billion, a P/E ratio of 4.59 and a beta of 1.16. The stock has a 50 day moving average of GBX 236.29 and a 200 day moving average of GBX 239.73.
The Mercantile Investment Trust Announces Dividend
The business also recently disclosed a dividend, which was paid on Monday, February 3rd. Investors of record on Thursday, December 19th were paid a dividend of GBX 1.50 ($0.02) per share. The ex-dividend date of this dividend was Thursday, December 19th. This represents a yield of 0.62%. The Mercantile Investment Trust’s payout ratio is currently 15.04%.
About The Mercantile Investment Trust
The Mercantile Investment Trust Approach
Expert market access
As one of the largest UK equity investment trusts and a history stretching back more than 130 years, The Mercantile Investment Trust enjoys a long and successful track record championing quality UK medium-sized and smaller companies.
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