Mercantile Investment Trust Dividend
Dividend criteria checks 5/6
Mercantile Investment Trust is a dividend paying company with a current yield of 3.12% that is well covered by earnings.
Key information
3.1%
Dividend yield
80%
Payout ratio
| Industry average yield | 2.8% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | UK£0.0765 |
| Earnings per share | UK£0.097 |
| Dividend yield forecast | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: MRCL's dividends per share have been stable in the past 10 years.
Growing Dividend: MRCL's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Mercantile Investment Trust Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (MRCL) | 3.1% |
| Market Bottom 25% (GB) | 2.0% |
| Market Top 25% (GB) | 5.5% |
| Industry Average (Capital Markets) | 2.8% |
| Analyst forecast (MRCL) (up to 3 years) | n/a |
Notable Dividend: MRCL's dividend (3.12%) is higher than the bottom 25% of dividend payers in the UK market (2.05%).
High Dividend: MRCL's dividend (3.12%) is low compared to the top 25% of dividend payers in the UK market (5.42%).
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (80.2%), MRCL's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (85%), MRCL's dividend payments are covered by cash flows.