Manchester & London Investment Trust Plc Payout ratio
What is the Payout ratio of Manchester & London Investment Trust Plc?
The Payout ratio of Manchester & London Investment Trust Plc is 1.21%
What is the definition of Payout ratio?
Payout ratio is the fraction of earnings paid in dividends to stockholders.
ttm (trailing twelve months)
The payout ratio is calculated by dividing the dividends paid out by the net earnings for a certain period. It is usually expressed as a percentage. The part of the earnings not paid to investors is left for investment to provide for future earnings growth. Investors seeking high current income and limited capital growth prefer companies with high payout ratio. However investors seeking capital growth may prefer lower payout ratio because capital gains are taxed at a lower rate. High growth firms in early life generally have low or zero payout ratios. As they mature, they tend to return more of the earnings back to investors.
Payout ratio of companies in the Finance sector on LSE compared to Manchester & London Investment Trust Plc
What does Manchester & London Investment Trust Plc do?
Manchester & London Investment Trust plc is a close-ended fund launched and managed by M&L Capital Management Limited. The fund primarily invests in the public equity markets of the United Kingdom. It makes its investments across diversified sectors. The fund primarily invests in growth stocks of companies by employing a fundamental analysis. It benchmarks the performance of its portfolios against the FTSE Actuaries All-Share Index. Manchester & London Investment Trust was formed on January 1, 1972 and is domiciled in the United Kingdom.
Companies with payout ratio similar to Manchester & London Investment Trust Plc
- Volvo AB has Payout ratio of 1.12%
- Tilaknagar Industries has Payout ratio of 1.13%
- KNR Constructions has Payout ratio of 1.15%
- N.B.I. Industrial Finance has Payout ratio of 1.15%
- Gufic Biosciences has Payout ratio of 1.17%
- Nile has Payout ratio of 1.20%
- Manchester & London Investment Trust Plc has Payout ratio of 1.21%
- United States Steel has Payout ratio of 1.22%
- Nahar Spinning Mills Ltd has Payout ratio of 1.22%
- ICG Enterprise Trust Plc has Payout ratio of 1.24%
- Cholamandalam has Payout ratio of 1.32%
- Personal Assets Trust Plc has Payout ratio of 1.34%
- Brightcom has Payout ratio of 1.36%