Merchants Trust raises dividend by 2.9% as portfolio lags benchmark
Trust underperforms benchmarkDividend increased for 42nd consecutive yearManager positive on outlookMerchants Trust (MRCH) served up a 42nd consecutive year of higher dividends, up 2.9% to 28.4p per share, but the portfolio fell 3.1% for the year, lagging the FTSE All-Share?s total return of 1.9%.Chairman Colin Clark described the performance as ?very disappointing? but stressed that the result ?c