Merchants Trust plc (MRCH) Raises Dividend to GBX 6.50 Per Share

Merchants Trust plc (LON:MRCH) announced a dividend on Monday, September 24th, Upcoming.Co.Uk reports. Stockholders of record on Thursday, October 4th will be paid a dividend of GBX 6.50 ($0.08) per share by the investment trust on Thursday, November 15th. This represents a dividend yield of 1.29%. The ex-dividend date of this dividend is Thursday, October 4th. This is an increase from Merchants Trust’s previous dividend of $6.40. The official announcement can be viewed at this link.

Shares of Merchants Trust stock traded up GBX 501.63 ($6.53) during midday trading on Tuesday, reaching GBX 506.67 ($6.60). The company had a trading volume of 69,088 shares, compared to its average volume of 138,343. Merchants Trust has a fifty-two week low of GBX 450 ($5.86) and a fifty-two week high of GBX 514 ($6.70).

Merchants Trust Company Profile

The Merchants Trust PLC is a United Kingdom-based standalone investment trust company. The Company’s objective is to provide shareholders with an above average level of income and income growth with long-term capital growth through a policy of investing mainly in higher yielding companies in the United Kingdom.

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Dividend History for Merchants Trust (LON:MRCH)

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