Murray Income Trust (LON:MUT) Reaches New 12-Month High at $846.00

Shares of Murray Income Trust plc (LON:MUT) hit a new 52-week high during trading on Monday . The company traded as high as GBX 846 ($11.05) and last traded at GBX 845.76 ($11.05), with a volume of 26938 shares changing hands. The stock had previously closed at GBX 842 ($11.00).

The company has a debt-to-equity ratio of 9.03, a quick ratio of 2.02 and a current ratio of 2.02. The stock has a market cap of $552.27 million and a P/E ratio of -13.22.

The company also recently declared a dividend, which will be paid on Friday, June 28th. Shareholders of record on Thursday, May 30th will be given a dividend of GBX 8 ($0.10) per share. The ex-dividend date is Thursday, May 30th. This represents a yield of 1.1%. Murray Income Trust’s dividend payout ratio (DPR) is currently -0.51%.

In related news, insider Stephanie Eastment acquired 200 shares of the business’s stock in a transaction dated Thursday, April 11th. The shares were bought at an average price of GBX 809 ($10.57) per share, with a total value of £1,618 ($2,114.20).

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About Murray Income Trust (LON:MUT)

Murray Income Trust PLC is an investment trust. The Company’s investment objective is to provide high and growing income combined with capital growth through investment in a portfolio of equities in the United Kingdom. The Company invests in the shares of companies that have potential for real earnings and dividend growth, while at the same time providing an above-average portfolio yield.

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