Insider Buying: Merchants Trust (LON:MRCH) Insider Acquires 400 Shares of Stock

Merchants Trust (LON:MRCH - Get Free Report) insider Mal Patel purchased 400 shares of the stock in a transaction dated Tuesday, April 16th. The shares were purchased at an average price of GBX 537 ($6.68) per share, for a total transaction of £2,148 ($2,673.97).

Merchants Trust Stock Down 2.0 %

Shares of MRCH stock opened at GBX 535 ($6.66) on Wednesday. Merchants Trust has a 1 year low of GBX 476 ($5.93) and a 1 year high of GBX 588 ($7.32). The stock has a market cap of £786.99 million, a PE ratio of 4,115.38 and a beta of 0.91. The business's fifty day moving average is GBX 526.50 and its 200-day moving average is GBX 526.84. The company has a debt-to-equity ratio of 10.67, a quick ratio of 0.70 and a current ratio of 0.31.

Merchants Trust Dividend Announcement

The company also recently declared a dividend, which will be paid on Wednesday, May 22nd. Stockholders of record on Thursday, April 18th will be given a dividend of GBX 7.10 ($0.09) per share. This represents a dividend yield of 1.33%. The ex-dividend date is Thursday, April 18th. Merchants Trust's dividend payout ratio (DPR) is presently 21,538.46%.

About Merchants Trust

(Get Free Report)

The Merchants Trust Plc is a closed-ended equity mutual fund launched and managed by Allianz Global Investors GmbH, UK Branch. The fund invests in the public equity markets of the United Kingdom. It invests in stocks of companies operating across diversified sectors. The fund benchmarks the performance of its portfolio against the FTSE All-Share Index.

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