Overview Performance Portfolio ESG Dividends Charges Gearing Research Announcements Management Documents How to invest

Data as at: 23/05/2022

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Objective
To provide an above average level of income and income growth together with long term capital growth through a policy of investing mainly in higher yielding large UK companies.
AIC sector
UK Equity Income
Management group
Allianz Global Investors
Company website
Merchants website
Launch date
16/02/1889
Financial year end
January
Domicile
United Kingdom
Fund manager
Simon Gergel
Dividend frequency
Quarterly
Wind-up provisions
The Company has an unlimited life.
Total assets (m) Market Cap (m) Price (last close) NAV Dividend dates Discount / premium (%) Gearing (%) Dividend yield (%) Ongoing charge (%)
857.88 766.77 576.00 570.44 Mar, Jun, Sep, Dec 0.98 10 4.74 0.55 (31/01/2022)
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Dividends

Dividends declared in last 12 months

Ex-Dividend date Payment date Dividend amount Dividend type Special dividend Financial year
14/04/2022 24/05/2022 6.850 Income No 2022
03/02/2022 15/03/2022 6.850 Income No 2022
07/10/2021 11/11/2021 6.800 Income No 2022
15/07/2021 20/08/2021 6.800 Income No 2022
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Performance (%)

Return type 1 year 3 years 5 years 10 years
Merchants Share price total return 16.5 43.5 56.0 185.0
UK Equity Income AIC sector Share price total return 2.2 16.5 21.8 135.7
Morningstar UK * Total return 7.9 13.9 19.6 112
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* The Morningstar market index is not necessarily the official benchmark of the investment company, however it has been identified as an appropriate comparative index. Please hover over the definition for further detail on the index construction.

Share structure

Number of shares
133,119,887

Traded volumes (number of shares)

  Yesterday 1 month 1 year 5 years
Total 351,779 5,856,910 45,898,035 211,173,302
Average N/A 292,846 181,415 166,935
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Traded values (m)

  Yesterday 1 month 1 year 5 years
Total 2.03 33.10 252.96 1,006.54
Average N/A 1.65 1.00 0.80
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Trading details

ISIN TIDM Traded currency Stock exchange
GB0005800072 MRCH GBX London Stock Exchange - MAIN
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Top holdings

Data as at : 31/03/2022

Investment % of total assets
GlaxoSmithKline PLC 5.7
British American Tobacco PLC 4.6
Imperial Brands PLC 4.6
Shell PLC 4.4
SSE PLC 3.8
BAE Systems PLC 3.7
Drax Group PLC 3.7
IG Group Holdings PLC 3.6
Rio Tinto PLC 3.5
WPP PLC 3.3

Morningstar logo Data provided by Morningstar.

FE fundinfo logo Company documents provided by FE fundinfo.