Murray Income Trust (LON:MUT) Posts Quarterly Earnings Results

Murray Income Trust (LON:MUT - Get Free Report) issued its quarterly earnings data on Wednesday. The company reported GBX 15.20 ($0.20) earnings per share (EPS) for the quarter, Digital Look Earnings reports. Murray Income Trust had a net margin of 92.34% and a return on equity of 9.57%.

Murray Income Trust Stock Performance

Shares of MUT stock traded down GBX 1 ($0.01) during mid-day trading on Friday, reaching GBX 840 ($10.85). 543,726 shares of the company's stock traded hands, compared to its average volume of 320,401. The firm has a market capitalization of £839.23 million, a PE ratio of 9.26 and a beta of 0.80. The firm has a 50 day moving average price of GBX 840.95 and a two-hundred day moving average price of GBX 838.68. Murray Income Trust has a 12 month low of GBX 795 ($10.27) and a 12 month high of GBX 908 ($11.73).

Murray Income Trust Cuts Dividend

The firm also recently disclosed a dividend, which will be paid on Thursday, June 12th. Stockholders of record on Thursday, May 15th will be given a dividend of GBX 9.50 ($0.12) per share. This represents a dividend yield of 1.17%. The ex-dividend date of this dividend is Thursday, May 15th. Murray Income Trust's payout ratio is 42.97%.

Insider Buying and Selling

In other news, insider Andrew Page bought 2,500 shares of the company's stock in a transaction that occurred on Wednesday, March 5th. The stock was bought at an average price of GBX 853 ($11.02) per share, with a total value of £21,325 ($27,555.24). Also, insider Peter Tait bought 5,000 shares of the company's stock in a transaction that occurred on Friday, December 13th. The stock was purchased at an average cost of GBX 36 ($0.47) per share, with a total value of £1,800 ($2,325.88). 3.00% of the stock is currently owned by insiders.

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Murray Income Trust Company Profile

An investment trust founded in 1923 aiming for high and growing income with capital growth.