The Merchants Trust (LON:MRCH) Posts Quarterly Earnings Results

The Merchants Trust (LON:MRCH – Get Free Report) posted its earnings results 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 Stock Performance

Shares of LON:MRCH opened at GBX 667 on Friday. The company’s fifty day moving average is GBX 668.38 and its 200-day moving average is GBX 635.84. The Merchants Trust has a 52 week low of GBX 536 and a 52 week high of GBX 691. The company has a market capitalization of £984.71 million, a PE ratio of 6.09 and a beta of 1.10.

About The Merchants Trust

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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.

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