Mercantile (LON:MRC) Announces GBX 1.45 Dividend

Mercantile (LON:MRCGet Free Report) declared a dividend on Friday, September 15th, Upcoming.Co.Uk reports. Stockholders of record on Thursday, September 28th will be paid a dividend of GBX 1.45 ($0.02) per share by the investment trust on Wednesday, November 1st. This represents a dividend yield of 0.71%. The ex-dividend date of this dividend is Thursday, September 28th. The official announcement can be viewed at this link.

Mercantile Trading Up 0.5 %

LON:MRC opened at GBX 203.95 ($2.55) on Friday. The firm has a market capitalization of £1.61 billion, a price-to-earnings ratio of -554.53 and a beta of 1.12. The company has a debt-to-equity ratio of 17.57, a current ratio of 16.70 and a quick ratio of 11.82. The business has a fifty day moving average price of GBX 196.78 and a 200-day moving average price of GBX 198.74. Mercantile has a one year low of GBX 158.33 ($1.98) and a one year high of GBX 223.50 ($2.80).

Insider Transactions at Mercantile

In related news, insider Graham Kitchen acquired 11,000 shares of the business’s stock in a transaction that occurred on Thursday, July 6th. The stock was bought at an average cost of GBX 188 ($2.35) per share, for a total transaction of £20,680 ($25,879.11). Corporate insiders own 0.60% of the company’s stock.

About Mercantile

(Get Free Report)

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.

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Dividend History for Mercantile (LON:MRC)

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