The Merchants Trust (LON:MRCH) Issues Earnings Results

The Merchants Trust (LON:MRCH) released its quarterly earnings results on Wednesday. The investment trust reported GBX 29.43 EPS for the quarter, reports. The Merchants Trust had a return on equity of 13.03% and a net margin of 90.97%.

The Merchants Trust Price Performance

Shares of LON:MRCH opened at GBX 596 on Friday. The firm has a market capitalization of £879.89 million, a PE ratio of 25.99 and a beta of 0.95. The Merchants Trust has a 1 year low of GBX 448 and a 1 year high of GBX 599. The firm’s 50-day moving average is GBX 570.29 and its two-hundred day moving average is GBX 561.24.

About The Merchants Trust

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.