The Merchants Trust (MRCH) is managed by Simon Gergel at Allianz Global Investors (AllianzGI). Aiming to continue to provide a high and growing level of income, he is adjusting the trust's portfolio in the wake of dividend cuts sparked by the negative economic effects of COVID-19. If there is an income shortfall in this financial year, MRCH is well positioned to maintain its dividend, with revenue reserves of more than 1x the last annual payment. It has not been an easy period for value manag
26 May 2020
The Merchants Trust - Opportune reduction in gearing in early 2020
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
The Merchants Trust - Opportune reduction in gearing in early 2020
Merchants Trust PLC (MRCH:LON) | 540 32.9 1.1% | Mkt Cap: 800.2m
- Published:
26 May 2020 -
Author:
Mel Jenner -
Pages:
11
The Merchants Trust (MRCH) is managed by Simon Gergel at Allianz Global Investors (AllianzGI). Aiming to continue to provide a high and growing level of income, he is adjusting the trust's portfolio in the wake of dividend cuts sparked by the negative economic effects of COVID-19. If there is an income shortfall in this financial year, MRCH is well positioned to maintain its dividend, with revenue reserves of more than 1x the last annual payment. It has not been an easy period for value manag