LON:MRC

Mercantile (MRC) Share Price, News & Analysis

GBX 231.50
+2.00 (+0.87%)
(As of 05/3/2024 ET)
Today's Range
229
233.13
50-Day Range
216
231.50
52-Week Range
177.20
233.13
Volume
1.05 million shs
Average Volume
1.27 million shs
Market Capitalization
£1.80 billion
P/E Ratio
2,315.00
Dividend Yield
3.46%
Price Target
N/A
MRC stock logo

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

MRC Stock News Headlines

Mercantile (LON:MRC) Hits New 12-Month High at $230.00
Stock-Picking AI Predicts #1 Stock of 2024
Since the start of the year, the top 10 investment funds in the world – including Vanguard, Blackrock, Fidelity and JP Morgan – have made nearly $1 trillion in profits on these 7 stocks.
Mercantile Ord (MRC.L)
Armada Mercantile Ltd ARM
Stock-Picking AI Predicts #1 Stock of 2024
Since the start of the year, the top 10 investment funds in the world – including Vanguard, Blackrock, Fidelity and JP Morgan – have made nearly $1 trillion in profits on these 7 stocks.
MRC.L - Mercantile Investment Trust
Mercantile Inv Trust
The Mercantile Investment Trust plc (MRC.L)
Mercantile Investment Trust (MRC.L)
Mercantile Investment Trust
See More Headlines
Receive MRC Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Mercantile and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Ex-Dividend for 5/16 Dividend
4/11/2024
Today
5/05/2024
Dividend Payable
5/16/2024

Industry, Sector and Symbol

Industry
Asset Management
Sub-Industry
N/A
CIK
N/A
Fax
N/A
Employees
2,600
Year Founded
N/A

Profitability

Net Income
£75.21 million
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
£97.69 million
Cash Flow
GBX 24.91 per share
Book Value
GBX 239 per share

Miscellaneous

Free Float
N/A
Market Cap
£1.80 billion
Optionable
Not Optionable
Beta
1.12
Ten Starter Stocks For Beginners to Buy Now Cover

Just getting into the stock market? These 10 simple stocks can help beginning investors build long-term wealth without knowing options, technicals, or other advanced strategies.

Get This Free Report

MRC Stock Analysis - Frequently Asked Questions

How have MRC shares performed in 2024?

Mercantile's stock was trading at GBX 221.50 at the start of the year. Since then, MRC stock has increased by 4.5% and is now trading at GBX 231.50.
View the best growth stocks for 2024 here
.

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

Mercantile announced a dividend on Wednesday, March 27th. Stockholders of record on Thursday, April 11th will be paid a dividend of GBX 3.30 per share on Thursday, May 16th. This represents a yield of 1.46%. The ex-dividend date of this dividend is Thursday, April 11th. This is a positive change from the stock's previous dividend of GBX 1.45. 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 8 per share and currently has a dividend yield of 3.37%. The dividend payout ratio is 8,000.00%. 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?
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 5/5/2024 by MarketBeat.com Staff

From Our Partners