The Merchants Trust Plc (LON:MRCH - Get Free Report) shares crossed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of GBX 522.98 ($6.97) and traded as high as GBX 541.20 ($7.21). The Merchants Trust shares last traded at GBX 539.50 ($7.19), with a volume of 298,740 shares traded.
The Merchants Trust Trading Up 0.6 %
The business's fifty day simple moving average is GBX 523.33 and its 200 day simple moving average is GBX 543.75. The stock has a market cap of £812.07 million, a price-to-earnings ratio of 7.46 and a beta of 0.95.
The Merchants Trust (LON:MRCH - Get Free Report) last released its earnings results on Wednesday, April 9th. The investment trust reported GBX 29.43 ($0.39) EPS for the quarter. The Merchants Trust had a net margin of 90.97% and a return on equity of 13.03%.
The Merchants Trust Increases Dividend
The company also recently declared a dividend, which will be paid on Monday, June 9th. Stockholders of record on Thursday, May 15th will be issued a GBX 17 ($0.23) dividend. This is a positive change from The Merchants Trust's previous dividend of $3.70. The ex-dividend date is Thursday, May 15th. This represents a dividend yield of 5.5%. The Merchants Trust's payout ratio is 39.61%.
The Merchants Trust Company Profile
(
Get Free Report)
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.
Recommended Stories
Before you consider The Merchants Trust, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and The Merchants Trust wasn't on the list.
While The Merchants Trust currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we'll send you MarketBeat's list of ten stocks that are set to soar in Spring 2025, despite the threat of tariffs and other economic uncertainty. These ten stocks are incredibly resilient and are likely to thrive in any economic environment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
