Manchester & London Investment Trust plc (LON:MNL) Plans Dividend of GBX 14

Manchester & London Investment Trust plc (LON:MNLGet Rating) announced a dividend on Tuesday, March 22nd, Upcoming.Co.Uk reports. Stockholders of record on Thursday, April 14th will be given a dividend of GBX 14 ($0.18) per share by the investment trust on Wednesday, May 4th. This represents a dividend yield of 3.1%. The ex-dividend date of this dividend is Thursday, April 14th. This is a boost from Manchester & London Investment Trust’s previous dividend of $7.00. The official announcement can be seen at this link.

Manchester & London Investment Trust stock opened at GBX 447.92 ($5.84) on Wednesday. Manchester & London Investment Trust has a 1-year low of GBX 408.36 ($5.32) and a 1-year high of GBX 638 ($8.31). The firm has a market capitalization of £180.38 million and a price-to-earnings ratio of 7.53. The firm’s fifty day moving average price is GBX 463.23 and its two-hundred day moving average price is GBX 532.59.

About Manchester & London Investment Trust (Get Rating)

Manchester & London Investment Trust plc is a close-ended fund launched and managed by M&L Capital Management Limited. The fund primarily invests in the public equity markets of the United Kingdom. It makes its investments across diversified sectors. The fund primarily invests in growth stocks of companies by employing a fundamental analysis.

Featured Articles

Dividend History for Manchester & London Investment Trust (LON:MNL)

Receive News & Ratings for Manchester & London Investment Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Manchester & London Investment Trust and related companies with MarketBeat.com's FREE daily email newsletter.