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Mercantile Investment Trust (The) (LSE:MRC) 3-Year Dividend Growth Rate : 4.40% (As of Jan. 2024)


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What is Mercantile Investment Trust (The) 3-Year Dividend Growth Rate?

Mercantile Investment Trust (The)'s Dividends per Share for the six months ended in Jan. 2024 was £0.03.

The historical rank and industry rank for Mercantile Investment Trust (The)'s 3-Year Dividend Growth Rate or its related term are showing as below:

LSE:MRC' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -1.9   Med: 8.3   Max: 21.6
Current: 4.4

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Mercantile Investment Trust (The) was 21.60% per year. The lowest was -1.90% per year. And the median was 8.30% per year.

LSE:MRC's 3-Year Dividend Growth Rate is ranked better than
61.34% of 864 companies
in the Asset Management industry
Industry Median: 1.8 vs LSE:MRC: 4.40

During the past 12 months, Mercantile Investment Trust (The)'s average Dividends Per Share Growth Rate was 8.70% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 4.40% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 3.90% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 7.90% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

Mercantile Investment Trust (The)'s Dividend Payout Ratio for the six months ended in Jan. 2024 was 0.27. As of today, Mercantile Investment Trust (The)'s Dividend Yield % is 3.14%.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Mercantile Investment Trust (The) PLC is 0.79, which seems too high.

Warning Sign:

Mercantile Investment Trust (The) PLC stock dividend yield is close to 2-year low.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of Mercantile Investment Trust (The)'s 3-Year Dividend Growth Rate

For the Asset Management subindustry, Mercantile Investment Trust (The)'s 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Mercantile Investment Trust (The)'s 3-Year Dividend Growth Rate Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Mercantile Investment Trust (The)'s 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Mercantile Investment Trust (The)'s 3-Year Dividend Growth Rate falls into.



Mercantile Investment Trust (The) 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


Mercantile Investment Trust (The)  (LSE:MRC) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Mercantile Investment Trust (The)'s Dividend Payout Ratio for the quarter that ended in Jan. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Jan. 2024 )/ EPS without NRI (Q: Jan. 2024 )
=0.029/ 0.106
=0.27

During the past 13 years, the highest Dividend Payout Ratio of Mercantile Investment Trust (The) was 0.79. The lowest was 0.10. And the median was 0.21.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Mercantile Investment Trust (The) PLC is 0.79, which seems too high.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

Mercantile Investment Trust (The) Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
GBP 0.0330002024-04-112024-04-122024-05-16Cash DividendquarterlyGBP:GBP 1.000000
GBP 0.0145002023-12-212023-12-222024-02-01Cash DividendquarterlyGBP:GBP 1.000000
GBP 0.0145002023-09-282023-09-292023-11-01Cash DividendquarterlyGBP:GBP 1.000000
GBP 0.0145002023-06-222023-06-232023-08-01Cash DividendquarterlyGBP:GBP 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Mercantile Investment Trust (The)'s Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.0765/2.48
=3.08 %

Current Share Price is £2.48.
Mercantile Investment Trust (The)'s Dividends per Share for the trailing twelve months (TTM) ended in Today is £0.0765.

During the past 13 years, the highest Dividend Yield of Mercantile Investment Trust (The) was 4.41%. The lowest was 2.00%. And the median was 2.60%.

Warning Sign:

Mercantile Investment Trust (The) PLC stock dividend yield is close to 2-year low.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Mercantile Investment Trust (The) 3-Year Dividend Growth Rate Related Terms>


Mercantile Investment Trust (The) (LSE:MRC) Business Description

Traded in Other Exchanges
Address
60 Victoria Embankment, London, GBR, EC4Y 0JP
Mercantile Investment Trust (The) PLC is an investment trust managed by JP Morgan Funds Limited. It aims to achieve capital growth through investing in a diversified portfolio of UK medium and smaller companies. The trust's investment portfolio consists of various sectors such as Consumer Services, Financials, Industrial, Technology, Health Care, Basic Materials, Telecommunications, Utilities, Consumer Goods, Real Estate, and Oil & Gas.