Main menu
Edison Group
  • Home
  • Equities

    Equities

    View All Equities

    Equities by Sector

    Pharnext

    MCap

    1m

    Last close

    EUR0.10

    ▲ 0.03 (42.86%)

    MoneyHero

    MCap

    USD60m

    Last close

    USD2.35

    ▲ 0.55 (30.56%)

    MGI – Media and Games Invest

    MCap

    EUR235m

    Last close

    EUR1.50

    ▲ 0.35 (30.21%)

  • Sectors

    Sectors

  • Investment Strategy

    Investment Strategy

    View All

    Latest

  • Thematics

    Thematics

    View All Thematics

    Latest

  • Audiovisual

    Audiovisual

    View All Audiovisual

    Latest

Murray Income Trust (LSE: MUT)

Last close As at 26/04/2024

GBP8.55

▲ 7.00 (0.83%)

Market capitalisation

GBP905m

Murray Income Trust (MUT) aims to provide a high and growing income combined with capital growth, through investment in a portfolio principally of UK equities. MUT focuses on companies that have potential for real earnings and dividend growth, while also providing an above-average portfolio yield. The emphasis is on the management of risk and the portfolio’s absolute return. MUT measures its performance versus the broad UK stock market.

Latest Insights

View More

Investment Companies | Update

Murray Income Trust — Delivering income and capital growth

Investment Companies | Update

Murray Income Trust — In a celebratory mood

Investment Companies | Update

Murray Income Trust — Milestones marked by a return to form

Investment Companies | Update

Murray Income Trust — Attractive income at a discount
Visit Website

Equity Analyst

Joanne Collins

Joanne Collins

Analyst, Investment Trusts

Key Management

  • Louise Bouverat

    Manager - Investment Trust Promotion

Share Price Performance

Price Performance
% 1M 3M 12M
Actual 3.0 3.0 (2.2)
Relative 1.3 (3.2) (4.5)
52 week high/low 875.0p/770.0p

Overview

Murray Income Trust (MUT) invests in high-quality, mainly UK-listed stocks. It has achieved both its dividend and capital growth objectives over the long term. The trust boasts 50 years of continually rising dividends. It paid a dividend of 37.5p per share in FY23 (ended 30 June 2023 (FY22: 36.0p)), and the board has indicated the dividend will rise to at least 38.0p in FY24. This represents a prospective yield of 4.5%. Late last year the company decided to take action to allow shareholders to access dividend income more quickly and more evenly throughout the year, by smoothing quarterly dividend payments. MUT has also delivered absolute gains and outperformance of the market and most of its peers over the longer term, returning an annual average of 6.1% in NAV terms over the 10 years ended 31 March 2024, versus an average market gain of 5.8% pa. The trust’s managers view UK equities as very attractively priced at current levels and expect the portfolio’s quality holdings to outperform as and when UK stocks return to favour with investors.

Research

Update

Investment Companies

Murray Income Trust — Quality stocks prove a safe haven in tough times

Review

Investment Companies

Murray Income Trust — Differentiated approach to UK equity income

Investment Companies

edison tv

Chairman’s insight: Murray Income Trust

edison tv

Investment Companies

Bitesize briefing – Murray Income Trust

Update

Investment Companies

Murray Income Trust — Positioned to perform in challenging conditions

thematic

Investment Companies

Investment companies: Latin America is worthy of consideration

thematic

Consumer

IPO apocalypse

thematic

TMT

ESG, moving beyond the box tick

thematic

Investment Companies

The case for US capital markets

thematic

Investment Companies

Value Investing: Living with the reality, waiting for the inevitable

thematic

Consumer

Illuminator: August Update

thematic

Investment Companies

Post Woodford- A spotlight on smaller company liquidity

thematic

Investment Companies

How to buy and sell investment trusts

thematic

Investment Companies

Types of investment trusts

thematic

Consumer

Deutsche Börse Eigenkapitalforum 2014 Research Guide

thematic

Investment Companies

Investment Trusts Quarterly: Biotechnology & healthcare trusts

thematic

Investment Companies

Investment Trusts Quarterly: Growth and income