LON:MRC The Mercantile Investment Trust (MRC) Share Price, News & Analysis → Central Banks Preparing for US Dollar Collapse? (From Behind the Markets) (Ad) Free MRC Stock Alerts GBX 229 +3.50 (+1.55%) (As of 03/28/2024 07:40 PM ET) Add Compare Share Share Today's Range 224.50▼ 22950-Day Range 205.50▼ 22952-Week Range 177.20▼ 229Volume1.03 million shsAverage Volume1.17 million shsMarket Capitalization£1.78 billionP/E Ratio22,900.00Dividend Yield3.06%Price TargetN/A Stock AnalysisStock AnalysisChartCompetitorsDividendHeadlinesInsider TradesStock AnalysisChartCompetitorsDividendHeadlinesInsider Trades Get The Mercantile Investment Trust alerts: Email Address Ad Behind the MarketsCentral Banks Preparing for US Dollar Collapse?China is spearheading this blatant de-dollarization push, dominating the physical gold market through massive central bank buying. Their ultimate goal? Ditching the greenback in favor of local BRICS currencies.Find out how you can protect yourself now >>> About The Mercantile Investment Trust Stock (LON:MRC)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.Read More MRC Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart MRC Stock News HeadlinesMarch 22, 2024 | msn.comMekong River’s declining fish species an ‘urgent wake-up call’ for action, conservationists sayMarch 21, 2024 | americanbankingnews.comThe Mercantile Investment Trust (LON:MRC) Shares Pass Above 50-Day Moving Average of $215.50March 29, 2024 | Behind the Markets (Ad)Central Banks Preparing for US Dollar Collapse?China is spearheading this blatant de-dollarization push, dominating the physical gold market through massive central bank buying. Their ultimate goal? Ditching the greenback in favor of local BRICS currencies.March 21, 2024 | lse.co.ukMercantile Investment Trust PLC Regulatory NewsJanuary 9, 2024 | finance.yahoo.comMercantile Ord (MRC.L)December 13, 2023 | morningstar.comArmada Mercantile Ltd ARMAugust 15, 2023 | msn.comMERCANTILE INVESTMENT TRUST: Chief Guy Anderson says it's time to be greedy... NOT defensiveAugust 13, 2023 | msn.comMERCANTILE INVESTMENT TRUST: Time to be greedy... NOT defensiveMarch 29, 2024 | Behind the Markets (Ad)Central Banks Preparing for US Dollar Collapse?China is spearheading this blatant de-dollarization push, dominating the physical gold market through massive central bank buying. Their ultimate goal? Ditching the greenback in favor of local BRICS currencies.August 12, 2023 | msn.comMERCANTILE INVESTMENT TRUST chief: Why it's time to be greedy... NOT defensiveJune 1, 2023 | uk.finance.yahoo.comMRC.L - Mercantile Investment TrustApril 16, 2023 | fool.co.ukMercantile Inv TrustJanuary 29, 2023 | finance.yahoo.comThe Mercantile Investment Trust plc (MRC.L)October 12, 2022 | uk.finance.yahoo.comMercantile Investment Trust (MRC.L)September 2, 2022 | fool.co.ukMercantile Investment TrustMarch 24, 2022 | fool.co.ukThe Mercantile Investment Trust plc (LSE:MRC)March 8, 2022 | lse.co.ukInvestment Companies for your ISA: Financial Advisers’ recommendations for millennials, middle-aged and retired investorsAugust 19, 2021 | fool.co.ukTempleton Emerging Markets Inv Trust (LSE:TEM)July 31, 2021 | ft.comCoronavirus: US Senate approves bill for coronavirus aid – as it happenedSee More Headlines Receive MRC Stock News and Ratings via Email Sign-up to receive the latest news and ratings for The Mercantile Investment Trust and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Ex-Dividend for 2/1 Dividend12/21/2023Dividend Payable2/01/2024Today3/28/2024Ex-Dividend for 5/16 Dividend4/11/2024Dividend Payable5/16/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeLON SectorFinancial Services Industry Asset Management Sub-IndustryN/A Current SymbolLON:MRC CUSIPN/A CIKN/A Webam.jpmorgan.co.uk Phone+44-80-07311111FaxN/AEmployees2,600Year FoundedN/AProfitability EPS (Most Recent Fiscal Year)GBX 0.01 Trailing P/E Ratio22,900.00 Forward P/E RatioN/A P/E GrowthN/ANet Income£6.65 million Net Margins24.22% Pretax MarginN/A Return on Equity0.36% Return on Assets0.55% Debt Debt-to-Equity Ratio18.01 Current Ratio11.12 Quick Ratio11.82 Sales & Book Value Annual Sales£27.47 million Price / Sales64.84 Cash FlowGBX 24.64 per share Price / Cash Flow9.30 Book ValueGBX 231 per share Price / Book0.99Miscellaneous Outstanding Shares777,740,000Free FloatN/AMarket Cap£1.78 billion OptionableNot Optionable Beta1.12 13 Stocks Institutional Investors Won't Stop BuyingWhich stocks are major institutional investors including hedge funds and endowments buying in today's market? Click the link below and we'll send you MarketBeat's list of thirteen stocks that institutional investors are buying up as quickly as they can.Get This Free Report Key ExecutivesMr. Martin John HudsonPortfolio ManagerGuy AndersonPortfolio ManagerAnthony LynchPortfolio ManagerKey CompetitorsTempleton Emerging Mkts Invmt Tr TEMITLON:TEMCaledonia InvestmentsLON:CLDNHarbourVest Global Priv EquityLON:HVPEJPMorgan AmericanLON:JAMPersonal AssetsLON:PNLView All CompetitorsInsidersRachel BeaglesBought 11,400 shares on 2/23/2024Total: £2.49 M ($218.00/share)Damien MaltarpBought 5,000 shares on 1/12/2024Total: £1.06 M ($212.00/share)Angus Gordon LennoxSold 40,000 sharesTotal: £8.52 M ($213.00/share)Graham KitchenBought 11,000 shares on 7/6/2023Total: £2.07 M ($188.00/share)Julia GohBought 20,000 shares on 4/13/2023Total: £3.90 M ($195.00/share)View All Insider Transactions MRC Stock Analysis - Frequently Asked Questions How have MRC shares performed in 2024? The Mercantile Investment Trust's stock was trading at GBX 221.50 at the start of the year. Since then, MRC shares have increased by 3.4% and is now trading at GBX 229. View the best growth stocks for 2024 here. How often does The Mercantile Investment Trust pay dividends? What is the dividend yield for The Mercantile Investment Trust? The Mercantile Investment Trust announced a dividend on Wednesday, March 27th. Stockholders of record on Thursday, April 11th will be paid a dividend of GBX 3.30 per share on Thursday, May 16th. This represents a yield of 1.46%. The ex-dividend date is Thursday, April 11th. This is an increase from the stock's previous dividend of GBX 1.45. The official announcement can be accessed at this link. Read our dividend analysis for MRC. Is The Mercantile Investment Trust a good dividend stock? The Mercantile Investment Trust (LON:MRC) pays an annual dividend of GBX 7 per share and currently has a dividend yield of 3.32%. The dividend payout ratio is 70,000.00%. Payout ratios above 75% are not desirable because they may not be sustainable. Read our dividend analysis for MRC. What other stocks do shareholders of The Mercantile Investment Trust own? Based on aggregate information from My MarketBeat watchlists, some companies that other The Mercantile Investment Trust investors own include Purplebricks Group (PURP), Manchester & London (MNL), Law Debenture (LWDB), JPMorgan Mid Cap Investment Trust (JMF), Dr Pepper Snapple Group (DPS), Cable & Wireless Communications (CWC) and 1724525 (ADN.L) (ADN). How do I buy shares of The Mercantile Investment Trust? Shares of MRC stock and other U.K. stocks can be purchased through online brokerage accounts that support trading on the London Stock Exchange (LSX). Some U.K. companies can be purchased through major U.S. brokerages in the form of American Depository Receipts (ADRs), which are placeholder equities held in a trust by a bank that represent shares of a foreign stock.Compare Top Brokerages Here. This page (LON:MRC) was last updated on 3/29/2024 by MarketBeat.com Staff From Our PartnersTrump’s “Tax Free” Retirement Strategy Gold Safe ExchangeDid You Get Your Free Bitcoin Yet?Crypto Swap ProfitsTop Project Outperforms BTC in 2023…Crypto 101 MediaMake This $3 Trade the Instant the Opening Bell RingsMonument Traders Alliance“The Stock Market’s Bull Run is Far from Over” -BarronsVertical Research AdvisoryAI Cracks Open Largest Untapped Energy Reserve on EarthBanyan Hill PublishingThis AI Trade Machine Made 1,729%* (With 89% Wins)Prosper Trading AcademyOnly a fool would buy Nvidia today… Porter & Company Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. 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