Murray Income Trust (LON:MUT) Releases Earnings Results

Murray Income Trust (LON:MUT) posted 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 Price Performance

Murray Income Trust stock opened at GBX 842.06 ($10.85) on Thursday. Murray Income Trust has a 1-year low of GBX 795 ($10.25) and a 1-year high of GBX 908 ($11.70). The business has a fifty day moving average price of GBX 839.71 and a 200-day moving average price of GBX 838.88. The stock has a market capitalization of £841.29 million, a price-to-earnings ratio of 9.28 and a beta of 0.80.

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 issued a dividend of GBX 9.50 ($0.12) per share. The ex-dividend date is Thursday, May 15th. This represents a dividend yield of 1.17%. Murray Income Trust’s dividend payout ratio is presently 42.97%.

Insider Activity at Murray Income Trust

In other news, insider Andrew Page bought 2,500 shares of the business’s stock in a transaction that occurred on Wednesday, March 5th. The shares were purchased at an average cost of GBX 853 ($11.00) per share, with a total value of £21,325 ($27,487.75). Also, insider Peter Tait purchased 5,000 shares of the stock in a transaction on Friday, December 13th. The shares were purchased at an average cost of GBX 36 ($0.46) per share, with a total value of £1,800 ($2,320.19). 3.00% of the stock is currently owned by corporate insiders.

About Murray Income Trust

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