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The Mercantile Investment Trust (MRC) Dividend Yield, Date & History

The Mercantile Investment Trust logo
GBX 230 +1.00 (+0.44%)
(As of 12/20/2024 12:01 PM ET)

The Mercantile Investment Trust Dividend Summary

Dividend Yield
3.48%
Annual Dividend
GBX 8
Next
Dividend Payment
Feb. 3
Dividend Payout Ratio
8,000.00%

The Mercantile Investment Trust (MRC) pays an annual dividend of GBX 8 per share, with a dividend yield of 3.48%. The next payment of GBX 1.50 per share is scheduled for Monday, February 3, to investors who owned the stock before the ex-dividend date of Thursday, December 19. The company currently pays out 8,000.00% of its earnings and 32.33% of its cash flow as dividends.

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MRC Dividend Payments by Quarter

The chart below displays up to four years of The Mercantile Investment Trust's dividend payment history by quarter. The blue bars represent historical dividend payments, while the gray bars indicate future payments.

MRC Dividend Yield Over Time

The chart below tracks The Mercantile Investment Trust's dividend yield over the past four years. The line represents changes in yield by quarter, providing a clear view of trends over time.

The Mercantile Investment Trust vs. The Competition

Compare The Mercantile Investment Trust's annual dividend, yield, and 3-year growth rate with averages for Financial and LON companies to evaluate its performance against the market.

TypeThe Mercantile Investment TrustFinancial CompaniesLON Companies
Annual DividendGBX 8GBX 0.17GBX 26.30
Dividend Yield3.48%4.42%5.54%

The Mercantile Investment Trust Dividend Payout Ratio

Dividend payout ratios express the dividend as a percentage of another metric, such as earnings or cash flow, and can be used to assess dividend sustainability.

TypePayout Ratio
Based on Trailing 12 Months of Earnings8,000.00%
Based on Cashflow32.33%

The Mercantile Investment Trust Dividend History by Quarter

AnnouncedPeriodPaymentPayment ChangeYieldEx-Dividend DateRecord DatePayable Date
12/10/2024GBX 1.50 - 0.62%12/19/202412/19/20242/3/2025
9/17/2024GBX 1.50 - 0.61%9/26/20249/26/202411/1/2024
5/29/2024GBX 1.50-GBX 1.80
54.55%
0.62%6/20/20246/20/20248/1/2024
3/27/2024GBX 3.30+GBX 1.85
127.59%
1.46%4/11/20244/11/20245/16/2024
12/14/2023GBX 1.45 - 0.67%12/21/202312/21/20232/1/2024
9/15/2023GBX 1.45 - 0.71%9/28/20239/28/202311/1/2023
5/24/2023GBX 1.45-GBX 1.65
53.23%
0.73%6/22/20236/22/20238/1/2023
3/24/2023GBX 3.10+GBX 1.75
129.63%
1.62%4/6/20234/6/20235/11/2023

This table shows The Mercantile Investment Trust's dividend history, including payout amounts, yield, dividend changes, and key dates. Use the date filter to explore data as far back as 2013 to analyze trends over time.

The Mercantile Investment Trust Dividend - Frequently Asked Questions

The current dividend yield for The Mercantile Investment Trust is 3.48%. Learn more on MRC's dividend yield history.

The annual dividend for MRC shares is GBX 8. Learn more on MRC's annual dividend history.

The Mercantile Investment Trust's next dividend payment of GBX 1.50 per share will be made to shareholders on Monday, February 3, 2025.

The Mercantile Investment Trust's most recent dividend payment of GBX 1.50 per share was made to shareholders on Friday, November 1, 2024.

The Mercantile Investment Trust's most recent ex-dividend date was Thursday, December 19, 2024.

The most recent change in the company's dividend was a decrease of GBX 1.80 on Wednesday, May 29, 2024.

The dividend payout ratio for MRC is:
  • 8,000.00% based on the trailing year of earnings
  • 32.33% based on cash flow

The Mercantile Investment Trust's dividend yield of 3.15% is lower than the average Financial Services company that issues a dividend. The Mercantile Investment Trust's dividend payout ratio of 8,000.00% may not be sustainable.


This page (LON:MRC) was last updated on 12/21/2024 by MarketBeat.com Staff
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