Murray Income Trust (LON:MUT) Sets New 52-Week High at $881.00

Murray Income Trust PLC (LON:MUT) shares hit a new 52-week high on Tuesday . The stock traded as high as GBX 881 ($11.07) and last traded at GBX 880.19 ($11.06), with a volume of 5959 shares. The stock had previously closed at GBX 872 ($10.95).

Murray Income Trust Stock Up 0.4 %

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 firm’s 50-day simple moving average is GBX 838.71 and its two-hundred day simple moving average is GBX 829.89. The company has a market capitalization of £956.23 million, a price-to-earnings ratio of 1,236.11 and a beta of 0.80.

Murray Income Trust Cuts Dividend

The business also recently announced a dividend, which will be paid on Thursday, June 13th. Shareholders of record on Thursday, May 16th will be given a dividend of GBX 9.50 ($0.12) per share. The ex-dividend date of this dividend is Thursday, May 16th. This represents a yield of 1.18%. Murray Income Trust’s payout ratio is currently 5,694.44%.

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.