Company summary
Murray Income Trust is a UK equity-income investment trust seeking a high and growing dividend alongside capital growth. Artemis became investment manager in March 2026 following a strategic review.
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MUT
Murray Income Trust
Investment Trusts
- Index
- FTSE 250
- ISIN
- Not specified
- Book status
- 2026 edition — current
Key activities
Investment mainly in established UK dividend-paying equities, with a diversified portfolio, modest gearing and an emphasis on companies capable of dependable cash generation and dividend growth.
Key markets
The UK equity market, although many holdings are multinational companies with substantial overseas earnings.
Key drivers
Portfolio dividends, UK equity valuations, stock selection, corporate earnings, Artemis's portfolio repositioning, gearing and maintenance of the trust's long dividend-growth record.
Key risks
Dividend cuts, UK market weakness, manager-transition risk, stock-selection errors, gearing and the shares trading at a discount to net asset value.
Recent Developments
30 July 2026: the Board declared a 12.5p fourth interim dividend, bringing FY2026 distributions to 41.0p and extending dividend growth to 53 consecutive years. Artemis has managed the portfolio since 2 March following the trust's strategic review.
Dividend notes
Pays quarterly. FY2026 dividends total 41.0p, up 2.5%, marking the 53rd consecutive annual increase. The fourth interim dividend of 12.5p went ex-dividend on 6 August 2026 and is payable on 10 September.
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