Murray Income Trust (LON:MUT) Announces Earnings Results

Murray Income Trust (LON:MUT) announced its quarterly earnings data on Wednesday. The company reported GBX 15.20 ($0.20) EPS for the quarter, Digital Look Earnings reports. Murray Income Trust had a net margin of 92.34% and a return on equity of 9.57%.

Murray Income Trust Stock Performance

LON:MUT opened at GBX 842.06 ($10.85) on Thursday. The firm’s fifty day moving average is GBX 839.71 and its two-hundred day moving average is GBX 838.88. The firm has a market cap of £841.29 million, a price-to-earnings ratio of 9.28 and a beta of 0.80. Murray Income Trust has a one year low of GBX 795 ($10.25) and a one year high of GBX 908 ($11.70).

Murray Income Trust Cuts Dividend

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

Insider Buying and Selling at Murray Income Trust

In other news, insider Peter Tait acquired 5,000 shares of the firm’s stock in a transaction on Friday, December 13th. The stock was acquired at an average price of GBX 36 ($0.46) per share, for a total transaction of £1,800 ($2,320.19). Also, insider Andrew Page bought 2,500 shares of the company’s stock in a transaction dated Wednesday, March 5th. The shares were acquired at an average price of GBX 853 ($11.00) per share, for a total transaction of £21,325 ($27,487.75). Company 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.