The Merchants Trust (LON:MRCH) Issues Earnings Results

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

The Merchants Trust Stock Performance

Shares of MRCH stock traded down GBX 8 on Friday, hitting GBX 664. The company’s stock had a trading volume of 309,016 shares, compared to its average volume of 251,569. The Merchants Trust has a fifty-two week low of GBX 536 and a fifty-two week high of GBX 691. The company has a market capitalization of £980.28 million, a PE ratio of 6.06 and a beta of 1.10. The stock’s 50 day moving average is GBX 668.86 and its 200-day moving average is GBX 636.03.

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.