The Merchants Trust Plc (LON:MRCH - Get Free Report) shares traded up 0.7% during trading on Friday . The stock traded as high as GBX 569 ($7.25) and last traded at GBX 568 ($7.24). 121,294 shares changed hands during trading, a decline of 43% from the average session volume of 213,097 shares. The stock had previously closed at GBX 564 ($7.19).
The Merchants Trust Trading Up 0.7 %
The business's 50-day moving average is GBX 566.19 and its two-hundred day moving average is GBX 576.22. The firm has a market cap of £843.03 million, a P/E ratio of 778.08 and a beta of 0.95. The company has a debt-to-equity ratio of 7.59, a current ratio of 0.55 and a quick ratio of 0.70.
The Merchants Trust Increases Dividend
The company also recently disclosed a dividend, which was paid on Friday, November 15th. Stockholders of record on Thursday, October 10th were paid a GBX 7.30 ($0.09) dividend. The ex-dividend date of this dividend was Thursday, October 10th. This represents a dividend yield of 1.25%. This is an increase from The Merchants Trust's previous dividend of $7.20. The Merchants Trust's dividend payout ratio is currently 3,972.60%.
About The Merchants Trust
(
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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.
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