Murray Income Trust (LON:MUT) Posts Quarterly Earnings Results

Murray Income Trust (LON:MUT) posted its earnings results on Wednesday. The company reported GBX 15.20 ($0.20) earnings per share (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 Trading Down 0.6 %

Shares of MUT stock opened at GBX 836 ($10.77) on Friday. Murray Income Trust has a twelve month low of GBX 795 ($10.24) and a twelve month high of GBX 908 ($11.70). The stock has a market cap of £835.23 million, a P/E ratio of 9.21 and a beta of 0.80. The stock has a 50 day moving average of GBX 840.39 and a 200 day moving average of GBX 838.67.

Murray Income Trust Cuts Dividend

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

Insiders Place Their Bets

In other Murray Income Trust news, insider Andrew Page purchased 2,500 shares of Murray Income Trust stock in a transaction that occurred on Wednesday, March 5th. The stock was bought at an average price of GBX 853 ($10.99) per share, with a total value of £21,325 ($27,480.67). Also, insider Peter Tait acquired 5,000 shares of the company’s stock in a transaction on Friday, December 13th. The stock was acquired at an average cost of GBX 36 ($0.46) per share, for a total transaction of £1,800 ($2,319.59). Insiders own 3.00% of the company’s stock.

About Murray Income Trust

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