The Merchants Trust (LON:MRCH) Releases Earnings Results

The Merchants Trust (LON:MRCH) issued its quarterly earnings data on Friday. The investment trust reported GBX 18.03 EPS for the quarter, Digital Look Earnings reports. The Merchants Trust had a net margin of 93.22% and a return on equity of 17.67%.

The Merchants Trust Price Performance

LON MRCH opened at GBX 669 on Friday. The company’s 50 day simple moving average is GBX 668.38 and its two-hundred day simple moving average is GBX 635.84. The Merchants Trust has a 1 year low of GBX 536 and a 1 year high of GBX 691. The stock has a market capitalization of £987.66 million, a PE ratio of 6.10 and a beta of 1.10.

The Merchants Trust Company Profile

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.