The Mercantile Investment Trust plc is an open ended equity mutual fund launched and managed by JPMorgan Funds Limited. The fund is co-managed by JPMorgan Asset Management (UK) Limited. It invests in the public equity markets of the United Kingdoms. The fund spreads its investments across diversified sectors. It invests in the stocks of mid and small cap companies. The fund benchmarks the performance of its portfolio against the FTSE All Share (ex FTSE 100, ex Inv Companies) Index. It was formerly known as JP Morgan Fleming Mercantile Investment Trust plc. The Mercantile Investment Trust plc was formed in December 1884 and is domiciled in the United Kingdoms.
Mercantile Investment Trust Dividend Announcement
• Mercantile Investment Trust announced a quarterly dividend of £1.50 per ordinary share which will be made payable on 2024-11-01. Ex dividend date: 2024-09-26
• Mercantile Investment Trust annual dividend for 2024 was £6.30
• Mercantile Investment Trust annual dividend for 2023 was £6.00
• Mercantile Investment Trust's trailing twelve-month (TTM) dividend yield is 2.68%
• Mercantile Investment Trust's payout ratio for the trailing twelve months (TTM) is 8.94%
• Mercantile Investment Trust's dividend growth over the last five years (2018-2023) was -24.98% year
• Mercantile Investment Trust's dividend growth over the last ten years (2013-2023) was -17.28% year
Mercantile Investment Trust Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-26 | £1.50 | quarterly | 2024-11-01 |
2024-06-20 | £1.50 | quarterly | 2024-08-01 |
2024-04-11 | £3.30 | quarterly | |
2023-09-28 | £1.45 | quarterly | |
2023-06-22 | £1.45 | quarterly | |
2023-04-06 | £3.10 | quarterly | |
2022-12-22 | £1.35 | quarterly | 2023-02-01 |
2022-09-29 | £1.35 | quarterly | 2022-11-01 |
2022-06-23 | £1.35 | quarterly | 2022-08-01 |
2022-03-31 | £2.85 | quarterly | 2022-05-03 |
2021-12-23 | £1.35 | quarterly | 2022-02-01 |
2021-09-23 | £1.35 | quarterly | 2021-11-01 |
2021-06-24 | £1.35 | quarterly | 2021-08-02 |
2021-03-25 | £2.65 | quarterly | 2021-04-30 |
2020-12-17 | £1.35 | quarterly | 2021-02-01 |
2020-09-24 | £1.35 | quarterly | 2020-11-02 |
2020-06-25 | £1.35 | quarterly | 2020-08-03 |
2020-04-09 | £2.55 | quarterly | 2020-05-15 |
2019-12-19 | £1.35 | quarterly | 2020-02-03 |
2019-09-26 | £1.35 | quarterly | 2019-11-01 |
2019-06-20 | £1.35 | quarterly | 2019-08-01 |
2019-04-04 | £2.55 | quarterly | 2019-05-08 |
2018-12-20 | £1.25 | quarterly | 2019-02-01 |
2018-09-27 | £1.25 | quarterly | 2018-11-01 |
2018-06-21 | £1.25 | quarterly | 2018-08-01 |
2018-04-12 | £21.50 | quarterly | 2018-05-09 |
2017-12-14 | £10.50 | quarterly | 2018-02-01 |
2017-09-28 | £10.50 | quarterly | 2017-11-01 |
2017-06-22 | £10.50 | quarterly | 2017-08-01 |
2017-04-06 | £15.25 | quarterly | 2017-05-02 |
2016-12-15 | £10.25 | quarterly | 2017-02-01 |
2016-10-06 | £10.25 | quarterly | 2016-11-01 |
2016-06-23 | £10.25 | quarterly | 2016-08-01 |
2016-04-07 | £13.00 | quarterly | 2016-05-03 |
2015-12-17 | £10.00 | quarterly | 2016-02-01 |
2015-10-01 | £10.00 | quarterly | 2015-11-02 |
2015-06-25 | £10.00 | quarterly | 2015-07-31 |
2015-04-02 | £17.00 | quarterly | 2015-05-01 |
2014-12-29 | £8.00 | quarterly | 2015-02-02 |
2014-10-01 | £8.00 | quarterly | 2014-10-31 |
2014-06-18 | £8.00 | quarterly | 2014-08-01 |
2014-04-02 | £16.00 | quarterly | 2014-05-01 |
2013-12-31 | £8.00 | quarterly | 2014-01-31 |
2013-06-26 | £8.00 | quarterly | 2013-08-01 |
2013-03-27 | £18.00 | quarterly | 2013-05-01 |
2013-01-02 | £6.00 | quarterly | 2013-02-01 |
Mercantile Investment Trust Dividend per year
Mercantile Investment Trust Dividend growth
Mercantile Investment Trust Dividend Yield
Mercantile Investment Trust current trailing twelve-month (TTM) dividend yield is 2.68%. Interested in purchasing Mercantile Investment Trust stock? Use our calculator to estimate your expected dividend yield:
Mercantile Investment Trust Financial Ratios
Mercantile Investment Trust Dividend FAQ
1. Growth opportunities: Companies, especially in fast-growing industries like technology, reinvest earnings into expansion, R&D, or acquisitions to fuel future growth and increase company value.
2. Tax implications: Not paying dividends can reduce the tax burden on shareholders, who may prefer to defer taxes until selling shares and realizing capital gains.
3. Investor preferences: Some investors prefer companies to reinvest profits for higher long-term returns, particularly those seeking capital appreciation over income.
4. Capital allocation priorities: Companies may allocate cash to pay down debt, fund share buybacks, or invest in projects with higher returns than dividends.
5. Market expectations: In certain sectors, like technology, reinvesting profits for growth and innovation is often prioritized over distributing dividends to shareholders.
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