Mercantile Investment Trust PLC (LON:MRC) declared a dividend on Wednesday, December 5th, Upcoming.Co.Uk reports. Stockholders of record on Thursday, December 20th will be given a dividend of GBX 1.25 ($0.02) per share by the investment trust on Friday, February 1st. This represents a dividend yield of 0.69%. The ex-dividend date is Thursday, December 20th. The official announcement can be accessed at this link.

Shares of LON:MRC traded down GBX 1.34 ($0.02) during trading on Wednesday, reaching GBX 182.24 ($2.38). The company had a trading volume of 164,201 shares, compared to its average volume of 127,900. Mercantile Investment Trust has a fifty-two week low of GBX 1,788.37 ($23.37) and a fifty-two week high of GBX 2,220 ($29.01).

In related news, insider Graham Kitchen bought 8,000 shares of the company’s stock in a transaction dated Tuesday, October 16th. The shares were acquired at an average price of GBX 195 ($2.55) per share, with a total value of £15,600 ($20,384.16).

ILLEGAL ACTIVITY WARNING: “Mercantile Investment Trust PLC (MRC) to Issue GBX 1.25 Dividend” was originally published by Watch List News and is owned by of Watch List News. If you are accessing this piece of content on another publication, it was stolen and republished in violation of US and international copyright and trademark laws. The correct version of this piece of content can be read at

About Mercantile Investment Trust

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.

Further Reading: What factors cause inflation to rise?

Dividend History for Mercantile Investment Trust (LON:MRC)

Receive News & Ratings for Mercantile Investment Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Mercantile Investment Trust and related companies with's FREE daily email newsletter.