Merchants Trust plc (MRCH) to Issue Dividend of GBX 6 on November 10th

Merchants Trust plc (LON:MRCH) declared a dividend on Friday, September 16th. Shareholders of record on Thursday, October 6th will be given a dividend of GBX 6 ($0.08) per share by the investment trust on Thursday, November 10th. This represents a yield of 1.43%. The ex-dividend date is Thursday, October 6th. The official announcement can be seen at this link.

Merchants Trust plc (LON:MRCH) opened at 427.50 on Friday. Merchants Trust plc has a 1-year low of GBX 374.50 and a 1-year high of GBX 449.20. The firm’s 50-day moving average price is GBX 4.72 and its 200 day moving average price is GBX 4.52.

Separately, Canaccord Genuity restated a “sell” rating on shares of Merchants Trust plc in a report on Wednesday, August 10th.

About Merchants Trust plc

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 the United Kingdom Financial Times Stock Exchange (UK FTSE) 100 companies.

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