Merchants Trust (MRCH)

Sector:

Investment Firms

Index:

FTSE 250

562.00p
   
  • Change Today:
    -4.00p
  • 52 Week High: 587.00
  • 52 Week Low: 513.00
  • Currency: UK Pounds
  • Shares Issued: 135.42m
  • Volume: 165,544
  • Market Cap: £761.09m
  • RiskGrade: 130

Merchants Trust sees annual return on investment portfolio

Date: Wednesday 27 Mar 2013

LONDON (ShareCast) - Merchants Trust raised its annual dividend for the 30th year in a row as net revenue return per share rose 4.1 per cent to 22.9p from its portfolio of investments.

The British investment trust said it was rewarding shareholders with a total dividend of 23.2p for the year, up 0.9% on the previous year, as it delivered its results for the year to January 31st, 2013.

"We now have a thirty year history of increasing the dividend and a further modest increase is proposed for this year," said Chairman, Simon Fraser.

The company’s investment portfolio produced a capital return of 14.8% ahead of the 10.5% return on the FTSE 100 index.

The firm’s top 10 investments include Royal Dutch Shell ‘B’, GlaxoSmithKline, BP, HSBC, Vodafone, British American Tobacco, BAE Systems, SSE, National Grid and Resolution.

The net asset value total per share rose by 16.0% to 466.5p. The stock market had a strong year, particularly in the second half in response to the European Central Bank’s commitment to defend the euro and US actions to defer the so-called ‘fiscal cliff’ of spending cuts and tax hikes.

While the economic outlook remains uncertain, Merchants expects to benefit from strong UK-listed businesses in the year ahead.

"Our fund managers are still able to identify attractive, dividend paying companies trading on sensible valuations," Fraser said.

"Merchants remains focused on delivering long term dividend and capital growth."

RD

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Merchants Trust Market Data

Currency UK Pounds
Share Price 562.00p
Change Today -4.00p
% Change -0.71 %
52 Week High 587.00
52 Week Low 513.00
Volume 165,544
Shares Issued 135.42m
Market Cap £761.09m
RiskGrade 130

Merchants Trust Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
49.91% below the market average49.91% below the market average49.91% below the market average49.91% below the market average49.91% below the market average
53.95% below the sector average53.95% below the sector average53.95% below the sector average53.95% below the sector average53.95% below the sector average
Price Trend
68.78% above the market average68.78% above the market average68.78% above the market average68.78% above the market average68.78% above the market average
76.11% above the sector average76.11% above the sector average76.11% above the sector average76.11% above the sector average76.11% above the sector average
Income
1.96% above the market average1.96% above the market average1.96% above the market average1.96% above the market average1.96% above the market average
38.33% above the sector average38.33% above the sector average38.33% above the sector average38.33% above the sector average38.33% above the sector average
Growth
4.18% below the market average4.18% below the market average4.18% below the market average4.18% below the market average4.18% below the market average
29.01% above the sector average29.01% above the sector average29.01% above the sector average29.01% above the sector average29.01% above the sector average

Merchants Trust Dividends

  Latest Previous
  1st Interim Final
Ex-Div 14-Jul-22 14-Apr-22
Paid 24-Aug-22 24-May-22
Amount 6.85p 6.85p

Trades for 12-Aug-2022

Time Volume / Share Price
16:35 4,590 @ 562.00p
16:28 48 @ 566.00p
16:26 1,100 @ 566.00p
16:21 24 @ 566.00p
16:21 449 @ 566.00p

Merchants Trust Key Personnel

Chair Colin Clark

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