The Merchants Trust Plc (MRCH) To Go Ex-Dividend on April 3rd

The Merchants Trust Plc (LON:MRCH) declared a dividend on Thursday, March 27th, Upcoming Dividends.Co.Uk reports. Investors of record on Thursday, April 3rd will be given a dividend of GBX 3.70 ($0.05) per share by the investment trust on Monday, April 7th. This represents a yield of 2.51%. The ex-dividend date of this dividend is Thursday, April 3rd. The official announcement can be accessed at this link.

The Merchants Trust Trading Up 0.6 %

MRCH stock opened at GBX 525.90 ($6.79) on Tuesday. The company has a market capitalization of £782.18 million, a P/E ratio of 7.18 and a beta of 0.95. The business has a 50 day simple moving average of GBX 536.83 and a 200-day simple moving average of GBX 554.15. The Merchants Trust has a twelve month low of GBX 517.39 ($6.68) and a twelve month high of GBX 605 ($7.82).

About The Merchants Trust

The Merchants Trust (MRCH) is managed by Simon Gergel at Allianz GIobal Investors. The Trust aims to generate a high and growing level of income, with the potential for long-term capital growth, from a portfolio of mainly higher yielding large UK companies. Merchants has a distinguished dividend history and is an AIC dividend hero, payouts have grown in each of the last 38 consecutive years.