The board of The Merchants Trust Plc has declared a second quarter dividend for the financial year 2023 of 7.1 pence per ordinary share, payable on 10 November 2023 to shareholders on the register at close of business on 6 October 2023. A Dividend Reinvestment Plan is available for this dividend for which the relevant Election Date is 20 October 2023 and the ex-dividend date is 5 October 2023. The company advised that for CREST-registered shareholders, dividend payments are enabled in CREST.

This means that for the first half of the 2024 financial year, the aggregated dividend will be 14.2 pence compared with 13.7 pence for the same period last year, a 3.6% year-on-year rise.