Murray Income Trust (LON:MUT) Hits New 1-Year Low at $658.10

Murray Income Trust PLC (LON:MUT)’s stock price reached a new 52-week low during mid-day trading on Tuesday . The stock traded as low as GBX 658.10 ($8.61) and last traded at GBX 857 ($11.21), with a volume of 169933 shares trading hands. The stock had previously closed at GBX 860 ($11.25).

Murray Income Trust Stock Down 0.1 %

The company has a market cap of £919.56 million, a PE ratio of 1,193.06 and a beta of 0.80. The company has a debt-to-equity ratio of 11.60, a current ratio of 2.92 and a quick ratio of 3.64. The company has a fifty day moving average price of GBX 872.91 and a 200 day moving average price of GBX 858.03.

Murray Income Trust Increases Dividend

The company also recently announced a dividend, which will be paid on Thursday, September 12th. Shareholders of record on Thursday, August 15th will be paid a GBX 10 ($0.13) dividend. The ex-dividend date of this dividend is Thursday, August 15th. This represents a yield of 1.12%. This is a positive change from Murray Income Trust’s previous dividend of $9.50. Murray Income Trust’s dividend payout ratio is currently 5,694.44%.

Murray Income Trust Company Profile

Murray Income Trust PLC is a closed ended equity mutual fund launched and managed by Aberdeen Fund Managers Limited. It is co-managed by Aberdeen Asset Managers Limited. The fund invests in the public equity markets of the United Kingdom. It seeks to invest in stocks of companies operating across diversified sectors.