Mercantile Investment Trust PLC (LON:MRC) Declares Dividend of GBX 10.50
Mercantile Investment Trust PLC (LON:MRC) declared a dividend on Wednesday, May 24th, Upcoming.Co.Uk reports. Investors of record on Thursday, June 22nd will be paid a dividend of GBX 10.50 ($0.14) per share by the investment trust on Tuesday, August 1st. This represents a yield of 0.54%. The ex-dividend date of this dividend is Thursday, June 22nd. The official announcement can be seen at this link.
Mercantile Investment Trust PLC (LON MRC) remained flat at GBX 1930.00 during midday trading on Friday. 47,905 shares of the company’s stock were exchanged. The firm’s 50 day moving average price is GBX 22.30 and its 200-day moving average price is GBX 20.76. Mercantile Investment Trust PLC has a 12 month low of GBX 1,529.00 and a 12 month high of GBX 1,978.00.
Mercantile Investment Trust PLC Company Profile
The Mercantile Investment Trust plc is a United Kingdom-based investment trust company. The Company’s objective is to achieve long term capital growth from a portfolio of the United Kingdom-based medium and smaller companies. The Company’s investment policy includes to emphasize growth from medium and smaller companies; long term dividend growth at least in line with inflation; to use long term gearing to increase potential returns to shareholders, and to invest approximately 15% of gross assets in the other United Kingdom listed investment companies (including investment trusts).
Receive News & Stock Ratings for Mercantile Investment Trust PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Mercantile Investment Trust PLC and related stocks with our FREE daily email newsletter.