Buy Mercantile Investment Trust (The) (MRC) by Roland Head in The Motley Fool CLOSED

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  3. Buy Mercantile Investment Trust (The)
  • Performance

    10.32%

  • Price at start

    198.90p

    (ask)

  • Price at close

    200.50p

    (bid)

  • Tip made

    10/08/2020

  • Tip Status

    Closed

    11/08/2023

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Tip Notes

"...Mercantile’s strategy has worked well in recent years — shares in the trust have doubled over the last 10 years. The FTSE 100 has risen by just 10% over the same period.........The Mercantile Investment Trust currently offers a dividend yield of around 3.4% and the shares trade at a discount of around 5% to their book value. I think that now could be a good time to buy" - - Roland Head, The Motley Fool

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