The Mercantile Investment Trust Plc MRC

Dividend Summary

The next The Mercantile Investment Trust Plc dividend is expected to go ex in 26 days and to be paid in 2 months.
The previous The Mercantile Investment Trust Plc dividend was 1.5p and it went ex 2 months ago and it was paid 22 days ago.
There are typically 4 dividends per year (excluding specials), and the dividend cover is approximately 1.0.

Latest Dividends

Summary	Previous dividend	Next dividend
Status	Paid	Forecast
Type	Quarterly	Quarterly
Per share	1.5p	Sign Up Required
Declaration date	17 Sep 2024 (Tue)	12 Dec 2024 (Thu)
Ex-div date	26 Sep 2024 (Thu)	19 Dec 2024 (Thu)
Pay date	01 Nov 2024 (Fri)	31 Jan 2025 (Fri)

Enter the number of The Mercantile Investment Trust Plc shares you hold and we'll calculate your dividend payments:

Previous Payment

£1.50

Paid on 01 Nov 2024 (Fri)

Next Payment

Paid on 31 Jan 2025 (Fri)

Forecast Accuracy

76%

Our premium tools have predicted The Mercantile Investment Trust Plc with 76% accuracy.

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Dividend Yield Today

3.4%

The dividend yield is calculated by dividing the annual dividend payment by the prevailing share price

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The table below shows the full dividend history for The Mercantile Investment Trust Plc

Status	Type	Decl. date	Ex-div date	Pay date	Decl. Currency	Forecast amount	Decl. amount	Accuracy
Forecast	Quarterly	24 Mar 2027	08 Apr 2027	13 May 2027	GBP	Sign up	—
Forecast	Quarterly	10 Dec 2026	17 Dec 2026	01 Feb 2027	GBP	Sign up	—
Forecast	Quarterly	15 Sep 2026	24 Sep 2026	02 Nov 2026	GBP	Sign up	—
Forecast	Quarterly	27 May 2026	25 Jun 2026	31 Jul 2026	GBP	Sign up	—
Forecast	Quarterly	25 Mar 2026	09 Apr 2026	14 May 2026	GBP	Sign up	—
Forecast	Quarterly	11 Dec 2025	18 Dec 2025	02 Feb 2026	GBP	Sign up	—
Forecast	Quarterly	16 Sep 2025	25 Sep 2025	31 Oct 2025	GBP	Sign up	—
Forecast	Quarterly	28 May 2025	19 Jun 2025	01 Aug 2025	GBP	Sign up	—
Forecast	Quarterly	26 Mar 2025	10 Apr 2025	15 May 2025	GBP	Sign up	—
Forecast	Quarterly	12 Dec 2024	19 Dec 2024	31 Jan 2025	GBP	Sign up	—
Paid	Quarterly	17 Sep 2024	26 Sep 2024	01 Nov 2024	GBP	1.5p	1.5p	😄
Paid	Quarterly	29 May 2024	20 Jun 2024	01 Aug 2024	GBP	1.53p	1.5p	😃
Paid	Quarterly	27 Mar 2024	11 Apr 2024	16 May 2024	GBP	3.33p	3.3p	😄
Paid	Quarterly	14 Dec 2023	21 Dec 2023	01 Feb 2024	GBP	1.45p	1.45p	😄
Paid	Quarterly	15 Sep 2023	28 Sep 2023	01 Nov 2023	GBP	1.45p	1.45p	😄
Paid	Quarterly	24 May 2023	22 Jun 2023	01 Aug 2023	GBP	1.39p	1.45p	😃
Paid	Quarterly	24 Mar 2023	06 Apr 2023	11 May 2023	GBP	2.85p	3.1p	😊
Paid	Quarterly	13 Oct 2022	22 Dec 2022	01 Feb 2023	GBP	1.35p	1.35p	😄
Paid	Quarterly	22 Sep 2022	29 Sep 2022	01 Nov 2022	GBP	1.35p	1.35p	😄
Paid	Quarterly	17 May 2022	23 Jun 2022	01 Aug 2022	GBP	1.38p	1.35p	😃
Paid	Quarterly	24 Mar 2022	31 Mar 2022	03 May 2022	GBP	2.65p	2.85p	😊
Paid	Quarterly	15 Oct 2021	23 Dec 2021	01 Feb 2022	GBP	1.35p	1.35p	😄
Paid	Quarterly	15 Sep 2021	23 Sep 2021	01 Nov 2021	GBP	1.35p	1.35p	😄
Paid	Quarterly	20 May 2021	24 Jun 2021	02 Aug 2021	GBP	1.5p	1.35p	😏
Paid	Quarterly	18 Mar 2021	25 Mar 2021	30 Apr 2021	GBP	2.7p	2.65p	😃
Paid	Quarterly	23 Oct 2020	17 Dec 2020	01 Feb 2021	GBP	1.4p	1.35p	😃
Paid	Quarterly	14 Sep 2020	24 Sep 2020	02 Nov 2020	GBP	1.4p	1.35p	😃
Paid	Quarterly	18 Jun 2020	25 Jun 2020	03 Aug 2020	GBP	—	1.35p
Paid	Quarterly	–	09 Apr 2020	15 May 2020	GBP	2.6p	2.55p	😃
Paid	Quarterly	09 Oct 2019	19 Dec 2019	03 Feb 2020	GBP	1.35p	1.35p	😄
Paid	Quarterly	17 Sep 2019	26 Sep 2019	01 Nov 2019	GBP	1.3p	1.35p	😃
Paid	Quarterly	23 May 2019	20 Jun 2019	01 Aug 2019	GBP	1.3p	1.35p	😃
Paid	Quarterly	27 Mar 2019	04 Apr 2019	08 May 2019	GBP	2.3p	2.55p	😏
Paid	Quarterly	12 Apr 2018	20 Dec 2018	01 Feb 2019	GBP	1.25p	1.25p	😄
Paid	Quarterly	12 Apr 2018	27 Sep 2018	01 Nov 2018	GBP	1.25p	1.25p	😄
Paid	Quarterly	12 Apr 2018	21 Jun 2018	01 Aug 2018	GBP	11p	1.25p	😖
Paid	Quarterly	29 Mar 2018	12 Apr 2018	09 May 2018	GBP	16p	21.5p	😒
Paid	Quarterly	06 Dec 2017	14 Dec 2017	01 Feb 2018	GBP	10.5p	10.5p	😄
Paid	Quarterly	19 Sep 2017	28 Sep 2017	01 Nov 2017	GBP	10.5p	10.5p	😄
Paid	Quarterly	24 May 2017	22 Jun 2017	01 Aug 2017	GBP	11p	10.5p	😃
Paid	Quarterly	29 Mar 2017	06 Apr 2017	02 May 2017	GBP	—	15.25p
Paid	Quarterly	06 Apr 2016	15 Dec 2016	01 Feb 2017	GBP	—	10.25p
Paid	Quarterly	06 Apr 2016	06 Oct 2016	01 Nov 2016	GBP	10.25p	10.25p	😄
Paid	Quarterly	06 Apr 2016	23 Jun 2016	01 Aug 2016	GBP	—	10.25p
Paid	Quarterly	23 Mar 2016	07 Apr 2016	03 May 2016	GBP	—	13p
Paid	Quarterly	02 Dec 2015	17 Dec 2015	01 Feb 2016	GBP	—	10p
Paid	Quarterly	23 Sep 2015	01 Oct 2015	02 Nov 2015	GBP	—	10p
Paid	Quarterly	20 May 2015	25 Jun 2015	31 Jul 2015	GBP	—	10p
Paid	Quarterly	25 Mar 2015	02 Apr 2015	01 May 2015	GBP	—	17p
Paid	Quarterly	03 Dec 2014	29 Dec 2014	02 Feb 2015	GBP	—	8p
Paid	Quarterly	23 Sep 2014	01 Oct 2014	31 Oct 2014	GBP	—	8p
Paid	Quarterly	22 May 2014	18 Jun 2014	01 Aug 2014	GBP	—	8p
Paid	Quarterly	26 Mar 2014	02 Apr 2014	01 May 2014	GBP	—	16p
Paid	Quarterly	04 Dec 2013	31 Dec 2013	31 Jan 2014	GBP	—	8p
Paid	Quarterly	–	02 Oct 2013	01 Nov 2013	GBP	—	8p
Paid	Quarterly	–	26 Jun 2013	01 Aug 2013	GBP	—	8p
Paid	Quarterly	–	27 Mar 2013	01 May 2013	GBP	—	18p
Paid	Quarterly	–	02 Jan 2013	01 Feb 2013	GBP	—	6p
Paid	Quarterly	–	03 Oct 2012	01 Nov 2012	GBP	—	6p
Paid	Quarterly	–	04 Jul 2012	01 Aug 2012	GBP	—	6p
Paid	Quarterly	–	28 Dec 2011	01 Feb 2012	GBP	—	6p
Paid	Quarterly	–	28 Sep 2011	01 Nov 2011	GBP	—	6p
Paid	Quarterly	–	06 Jul 2011	01 Aug 2011	GBP	—	6p
Paid	Quarterly	–	13 Apr 2011	03 May 2011	GBP	—	18p
Paid	Quarterly	–	05 Jan 2011	01 Feb 2011	GBP	—	6p
Paid	Quarterly	–	29 Sep 2010	01 Nov 2010	GBP	—	6p
Paid	Quarterly	–	30 Jun 2010	30 Jul 2010	GBP	—	6p
Paid	Final	–	31 Dec 2009	31 Dec 2009	GBP	—	36p
Paid	Final	–	31 Dec 2008	31 Dec 2008	GBP	—	35p
Paid	Final	–	31 Dec 2007	31 Dec 2007	GBP	—	27p
Paid	Final	–	31 Dec 2006	31 Dec 2006	GBP	—	22.5p

Year	Amount	Change
2006	22.5p	—
2007	27.0p	 20.0%
2008	35.0p	 29.6%
2009	36.0p	 2.9%
2010	36.0p	 0%
2011	18.0p	 -50.0%
2012	36.0p	 100.0%
2013	40.0p	 11.1%
2014	41.0p	 2.5%
2015	43.0p	 4.9%
2016	46.0p	 7.0%
2017	53.0p	 15.2%
2018	6.3p	 -88.1%
2019	6.6p	 4.8%
2020	6.7p	 1.5%
2021	6.9p	 3.0%
2022	7.15p	 3.6%
2023	7.65p	 7.0%
2024	Sign Up Required
2025	Sign Up Required
2026	Sign Up Required

The Mercantile Investment Trust Plc Optimized Dividend Chart

The chart below shows the optimized dividends for this security over a rolling 12-month period.

Dividend Yield Today: 3.4%
Optimized Yield: Sign Up Required
52 Week High: 6.1% on 07 April 2024
52 Week Low: 3.0% on 10 April 2024
Next Ex-Div-Date Countdown: Sign Up Required

About The Mercantile Investment Trust Plc

Capital growth from a portfolio of medium sized and smaller UK companies. To maintain long-term dividend growth at least in line with inflation.

Sector: Investment Trusts
Country: United Kingdom
Share Price: £2.34 (yesterday's closing price)
Shares in Issue: 763 million
Market Cap: £1.8bn
Dividend Cover How many times is the dividend covered by company income. A cover of 1 means all income is paid out in dividends: 1.0
CADI The Consecutive Annual Dividend Increases - the number of years this company has been increasing its dividends: 5
Market Indices: none
Home Page URL: https://am.jpmorgan.com/gb/en/asset-management/gim/per/products/d/the-mercantile-investment-trust-plc-ordinary-shares-gb0005794036

Matthew Riding

DividendMax Limited

https://cdn.dividendmax.com/assets/dividendmax-logo-69fb3a77a84cafdd3c25b46bcb112fc0bc5f3767d1c22ca1cbbae5f7cf9fb091.png

2020-10-07 00:48:37

Mercantile Investment trust maintains 2012 full year dividend at 36p Over the year to 31st January 2013, the Company delivered a positive share price return of 29.0%. Although the Managers marginally underperformed the Company's benchmark with a return of 26.6%, against 27.2% for the benchmark, this was more than made up for by a narrowing of the discount.

22 Mar 2013