Insider Buying: Murray Income Trust PLC (LON:MUT) Insider Purchases £1,800 in Stock

Posted by Paula Ricardo on Dec 16th, 2024

Murray Income Trust PLC (LON:MUT – Get Free Report) insider Peter Tait acquired 5,000 shares of the business’s stock in a transaction dated Friday, December 13th. The shares were purchased at an average price of GBX 36 ($0.45) per share, with a total value of £1,800 ($2,272.73).

Murray Income Trust Price Performance

LON:MUT opened at GBX 823 ($10.39) on Monday. The business’s 50-day moving average is GBX 825.68 and its 200 day moving average is GBX 852.40. Murray Income Trust PLC has a 12 month low of GBX 797.45 ($10.07) and a 12 month high of GBX 908 ($11.46). The company has a market capitalization of £854.44 million, a P/E ratio of 1,143.06 and a beta of 0.80. The company has a current ratio of 2.92, a quick ratio of 3.64 and a debt-to-equity ratio of 11.60.

Murray Income Trust Cuts Dividend

The company also recently announced a dividend, which will be paid on Thursday, March 13th. Stockholders of record on Thursday, February 13th will be given a dividend of GBX 9.50 ($0.12) per share. The ex-dividend date is Thursday, February 13th. This represents a dividend yield of 1.17%. Murray Income Trust’s dividend payout ratio is currently 5,416.67%.

About Murray Income Trust

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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.