Merchants Trust to Issue Dividend of GBX 7.10 (LON:MRCH)

Merchants Trust (LON:MRCH) announced a dividend on Friday, April 5th, Upcoming.Co.Uk reports. Stockholders of record on Thursday, April 18th will be given a dividend of GBX 7.10 ($0.09) per share by the investment trust on Wednesday, May 22nd. This represents a dividend yield of 1.33%. The ex-dividend date is Thursday, April 18th. The official announcement can be seen at this link.

Merchants Trust Price Performance

LON:MRCH opened at GBX 538 ($6.70) on Tuesday. The company has a debt-to-equity ratio of 10.67, a current ratio of 0.31 and a quick ratio of 0.70. The stock has a market cap of £791.40 million, a P/E ratio of 4,153.85 and a beta of 0.91. The company has a fifty day moving average price of GBX 526.50 and a 200 day moving average price of GBX 526.84. Merchants Trust has a one year low of GBX 476 ($5.93) and a one year high of GBX 588 ($7.32).

Merchants Trust Company Profile

The Merchants Trust Plc is a closed-ended equity mutual fund launched and managed by Allianz Global Investors GmbH, UK Branch. The fund invests in the public equity markets of the United Kingdom. It invests in stocks of companies operating across diversified sectors. The fund benchmarks the performance of its portfolio against the FTSE All-Share Index.