How have MRC shares performed in 2023?

Mercantile's stock was trading at GBX 192 at the beginning of the year. Since then, MRC stock has increased by 8.3% and is now trading at GBX 208. View the best growth stocks for 2023 here .

How often does Mercantile pay dividends? What is the dividend yield for Mercantile?

Mercantile declared a dividend on Friday, September 15th. Stockholders of record on Thursday, September 28th will be paid a dividend of GBX 1.45 per share on Wednesday, November 1st. This represents a dividend yield of 0.71%. The ex-dividend date is Thursday, September 28th. The official announcement can be viewed at this link . Read our dividend analysis for MRC .

Is Mercantile a good dividend stock?

Mercantile (LON:MRC) pays an annual dividend of GBX 7 per share and currently has a dividend yield of 4.02%. MRC has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 70,000.00%. Payout ratios above 75% are not desirable because they may not be sustainable. Read our dividend analysis for MRC .

What other stocks do shareholders of Mercantile own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Mercantile investors own include Purplebricks Group (PURP) , Manchester & London (MNL) , Law Debenture (LWDB) , JPMorgan Mid Cap (JMF) , Dr Pepper Snapple Group (DPS) , Cable & Wireless Communications (CWC) and 1724525 (ADN.L) (ADN) .

How do I buy shares of Mercantile?

Shares of MRC stock and other U.K. stocks can be purchased through online brokerage accounts that support trading on the London Stock Exchange (LSX). Some U.K. companies can be purchased through major U.S. brokerages in the form of American Depository Receipts (ADRs), which are placeholder equities held in a trust by a bank that represent shares of a foreign stock. Compare Top Brokerages Here .

Mercantile Share Price, News & Analysis (LON:MRC)

GBX 208

+3.00 (+1.46%)

(As of 12/1/2023 ET)

Compare

Today's Range: 205.50
▼
208
50-Day Range: 177.80
▼
208
52-Week Range: 177.20
▼
223.50

Volume: 1.14 million shs
Average Volume: 1.14 million shs
Market Capitalization: £1.64 billion

P/E Ratio: 20,800.00
Dividend Yield: 3.37%
Price Target: N/A

Stock Analysis Chart Competitors Dividend Headlines Insider Trades

About Mercantile Stock (LON:MRC)

The Mercantile Investment Trust plc is an open ended equity mutual fund launched and managed by JPMorgan Funds Limited. The fund is co-managed by JPMorgan Asset Management (UK) Limited. It invests in the public equity markets of the United Kingdoms. The fund spreads its investments across diversified sectors. It invests in the stocks of mid and small cap companies. The fund benchmarks the performance of its portfolio against the FTSE All Share (ex FTSE 100, ex Inv Companies) Index. It was formerly known as JP Morgan Fleming Mercantile Investment Trust plc. The Mercantile Investment Trust plc was formed in December 1884 and is domiciled in the United Kingdoms.

MRC Stock Price History

30 days | 90 days | 365 days | Advanced Chart

MRC Stock News Headlines

August 15, 2023 | msn.com

MERCANTILE INVESTMENT TRUST: Chief Guy Anderson says it's time to be greedy... NOT defensive

August 13, 2023 | msn.com

MERCANTILE INVESTMENT TRUST: Time to be greedy... NOT defensive

December 2, 2023 | DTI Trader (Ad)

New CBOE “special perk” helps traders target income every weekend

You might not immediately realize what you’re reading. Let me help you out a little… What you're looking at is a “special perk” set up by the Chicago Board of Options Exchange.

August 12, 2023 | msn.com

MERCANTILE INVESTMENT TRUST chief: Why it's time to be greedy... NOT defensive

June 1, 2023 | uk.finance.yahoo.com

MRC.L - Mercantile Investment Trust

April 16, 2023 | fool.co.uk

Mercantile Inv Trust

January 29, 2023 | finance.yahoo.com

The Mercantile Investment Trust plc (MRC.L)

October 12, 2022 | uk.finance.yahoo.com

Mercantile Investment Trust (MRC.L)

December 2, 2023 | DTI Trader (Ad)

New CBOE “special perk” helps traders target income every weekend

You might not immediately realize what you’re reading. Let me help you out a little… What you're looking at is a “special perk” set up by the Chicago Board of Options Exchange.

September 2, 2022 | fool.co.uk

Mercantile Investment Trust

March 24, 2022 | fool.co.uk

The Mercantile Investment Trust plc (LSE:MRC)

March 8, 2022 | lse.co.uk

Investment Companies for your ISA: Financial Advisers’ recommendations for millennials, middle-aged and retired investors

August 19, 2021 | fool.co.uk

Templeton Emerging Markets Inv Trust (LSE:TEM)

July 31, 2021 | ft.com

Coronavirus: US Senate approves bill for coronavirus aid – as it happened

July 19, 2021 | nasdaq.com

Why Mercantile Bank (MBWM) Might Surprise This Earnings Season

July 19, 2021 | yahoo.com

'Virgin River' Fans Are Convinced They Figured Out Who Shot Jack

July 12, 2021 | thetimes.co.uk

Giant returns flow from tiny firms

July 12, 2021 | msn.com

Tribes Struggle for Water in Colorado River Basin as Drought Sears the West

July 12, 2021 | theguardian.com

David Pole obituary

July 10, 2021 | msn.com

'Virgin River' Fans Want to Know If Alexandra Breckenridge Is Dating Martin Henderson

July 8, 2021 | bloomberg.com

Drug That Blocks Immune System Overload Reduces Covid-19 Deaths

July 7, 2021 | msn.com

Naples restaurants: At Swan River Seafood, family values and fish are kept fresh

July 6, 2021 | nasdaq.com

Leveraged Funds on CME Trim Bets Against Bitcoin

July 3, 2021 | finance.yahoo.com

MERCANTILE INVESTMENT TRUST (TH (MRC.L) stock forecast and price target

July 2, 2021 | dailymail.co.uk

National Trust rebels demand members should be given veto over the appointment of the new chairman to stop a political campaigner being hired in backlash at 'woke' reforms

June 28, 2021 | msn.com

U.S. Supreme Court won't hear Michael Abatti's Colorado River water case challenging IID

June 27, 2021 | news.yahoo.com

Three Rivers Land Trust works to save more of the Deep River

See More Headlines

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Company Calendar

Ex-Dividend for 11/1 Dividend: 9/28/2023
Dividend Payable: 11/01/2023
Today: 12/01/2023

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: LON
Industry: Asset Management
Sub-Industry: N/A
Sector: Financial Services
Current Symbol: LON:MRC
CUSIP: N/A
CIK: N/A
Web: am.jpmorgan.co.uk
Phone: +44-80-07311111
Fax: N/A
Employees: 2,600
Year Founded: N/A

Profitability

EPS (Most Recent Fiscal Year): GBX 0.01
Trailing P/E Ratio: 20,800.00
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: £6.65 million
Net Margins: 24.22%
Pretax Margin: N/A
Return on Equity: 0.36%
Return on Assets: 0.55%

Debt

Debt-to-Equity Ratio: 18.01
Current Ratio: 11.12
Quick Ratio: 11.82

Sales & Book Value

Annual Sales: £27.47 million
Price / Sales: 59.71
Cash Flow: GBX 22.38 per share
Price / Cash Flow: 9.30
Book Value: GBX 231 per share
Price / Book: 0.90

Miscellaneous

Outstanding Shares: 788,550,000
Free Float: N/A
Market Cap: £1.64 billion
Optionable: Not Optionable
Beta: 1.11

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Key Executives

Mr. Martin John Hudson
Portfolio Mang.
Guy Anderson
Portfolio Mang.
Anthony Lynch
Portfolio Mang.

Key Competitors

View All Competitors

Insiders

View All Insider Transactions

MRC Stock Analysis - Frequently Asked Questions

How have MRC shares performed in 2023?: Mercantile's stock was trading at GBX 192 at the beginning of the year. Since then, MRC stock has increased by 8.3% and is now trading at GBX 208.
View the best growth stocks for 2023 here.
How often does Mercantile pay dividends? What is the dividend yield for Mercantile?: Mercantile declared a dividend on Friday, September 15th. Stockholders of record on Thursday, September 28th will be paid a dividend of GBX 1.45 per share on Wednesday, November 1st. This represents a dividend yield of 0.71%. The ex-dividend date is Thursday, September 28th. The official announcement can be viewed at this link.
Read our dividend analysis for MRC.
Is Mercantile a good dividend stock?: Mercantile (LON:MRC) pays an annual dividend of GBX 7 per share and currently has a dividend yield of 4.02%. MRC has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 70,000.00%. Payout ratios above 75% are not desirable because they may not be sustainable.
Read our dividend analysis for MRC.

What other stocks do shareholders of Mercantile own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Mercantile investors own include Purplebricks Group (PURP), Manchester & London (MNL), Law Debenture (LWDB), JPMorgan Mid Cap (JMF), Dr Pepper Snapple Group (DPS), Cable & Wireless Communications (CWC) and 1724525 (ADN.L) (ADN).
How do I buy shares of Mercantile?: Shares of MRC stock and other U.K. stocks can be purchased through online brokerage accounts that support trading on the London Stock Exchange (LSX). Some U.K. companies can be purchased through major U.S. brokerages in the form of American Depository Receipts (ADRs), which are placeholder equities held in a trust by a bank that represent shares of a foreign stock.
Compare Top Brokerages Here.

This page (LON:MRC) was last updated on 12/2/2023 by MarketBeat.com Staff

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