Murray Income Trust (LON:MUT) Announces Earnings Results

Murray Income Trust (LON:MUT) issued its quarterly earnings results on Wednesday. The company reported GBX 15.20 ($0.19) earnings per share (EPS) for the quarter, Digital Look Earnings reports. Murray Income Trust had a return on equity of 9.57% and a net margin of 92.34%.

Murray Income Trust Trading Up 0.5 %

LON:MUT traded up GBX 4 ($0.05) during mid-day trading on Wednesday, hitting GBX 850 ($10.87). The company’s stock had a trading volume of 117,254 shares, compared to its average volume of 317,596. The stock has a fifty day moving average of GBX 838.87 and a 200-day moving average of GBX 839.06. The company has a market capitalization of £849.22 million, a price-to-earnings ratio of 9.37 and a beta of 0.80. Murray Income Trust has a fifty-two week low of GBX 795 ($10.17) and a fifty-two week high of GBX 908 ($11.62).

Murray Income Trust Cuts Dividend

The firm also recently disclosed a dividend, which will be paid on Thursday, June 12th. Stockholders of record on Thursday, May 15th will be given a GBX 9.50 ($0.12) dividend. The ex-dividend date of this dividend is Thursday, May 15th. This represents a dividend yield of 1.17%. Murray Income Trust’s dividend payout ratio is 42.97%.

Insider Activity

In other news, insider Peter Tait bought 5,000 shares of the stock in a transaction dated Friday, December 13th. The shares were acquired at an average price of GBX 36 ($0.46) per share, with a total value of £1,800 ($2,302.67). Also, insider Andrew Page purchased 2,500 shares of Murray Income Trust stock in a transaction on Wednesday, March 5th. The stock was purchased at an average price of GBX 853 ($10.91) per share, for a total transaction of £21,325 ($27,280.29). Corporate insiders own 3.00% of the company’s stock.

Murray Income Trust Company Profile

An investment trust founded in 1923 aiming for high and growing income with capital growth.