LON:MRC

The Mercantile Investment Trust (MRC) Share Price, News & Analysis

GBX 238.50
0.00 (0.00%)
(As of 05/17/2024 ET)
Today's Range
236.50
240
50-Day Range
216
239
52-Week Range
177.20
240
Volume
1.32 million shs
Average Volume
1.27 million shs
Market Capitalization
£1.85 billion
P/E Ratio
2,385.00
Dividend Yield
3.35%
Price Target
N/A
MRC stock logo

About The Mercantile Investment Trust 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

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Company Calendar

Ex-Dividend for 5/16 Dividend
4/11/2024
Dividend Payable
5/16/2024
Today
5/18/2024

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 25.66 per share
Book Value
GBX 239 per share

Miscellaneous

Free Float
N/A
Market Cap
£1.85 billion
Optionable
Not Optionable
Beta
1.12
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MRC Stock Analysis - Frequently Asked Questions

How have MRC shares performed in 2024?

The Mercantile Investment Trust's stock was trading at GBX 221.50 on January 1st, 2024. Since then, MRC shares have increased by 7.7% and is now trading at GBX 238.50.
View the best growth stocks for 2024 here
.

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

The Mercantile Investment Trust announced a dividend on Wednesday, March 27th. Shareholders of record on Thursday, April 11th will be given a dividend of GBX 3.30 per share on Thursday, May 16th. This represents a dividend yield of 1.46%. The ex-dividend date is Thursday, April 11th. This is a positive change from the stock's previous dividend of GBX 1.45. The official announcement can be seen at this link.
Read our dividend analysis for MRC
.

Is The Mercantile Investment Trust a good dividend stock?

The Mercantile Investment Trust (LON:MRC) pays an annual dividend of GBX 8 per share and currently has a dividend yield of 3.23%. 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 The Mercantile Investment Trust own?

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

How do I buy shares of The Mercantile Investment Trust?

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 5/18/2024 by MarketBeat.com Staff

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