The Mercantile Investment Trust plc (LON:MRC - Get Free Report)'s share price passed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of GBX 236.29 ($2.98) and traded as high as GBX 245 ($3.09). The Mercantile Investment Trust shares last traded at GBX 244 ($3.08), with a volume of 1,179,289 shares.
The Mercantile Investment Trust Stock Up 0.6 %
The company has a market cap of £1.83 billion, a P/E ratio of 4.63 and a beta of 1.16. The firm's 50 day moving average is GBX 236.38 and its two-hundred day moving average is GBX 239.31.
The Mercantile Investment Trust Announces Dividend
The firm also recently disclosed a dividend, which was paid on Monday, February 3rd. Investors of record on Thursday, December 19th were paid a GBX 1.50 ($0.02) dividend. The ex-dividend date of this dividend was Thursday, December 19th. This represents a dividend yield of 0.62%. The Mercantile Investment Trust's dividend payout ratio is 15.04%.
About The Mercantile Investment Trust
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The Mercantile Investment Trust Approach
Expert market access
As one of the largest UK equity investment trusts and a history stretching back more than 130 years, The Mercantile Investment Trust enjoys a long and successful track record championing quality UK medium-sized and smaller companies.
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