{
  "app": "dividend_compounders",
  "ticker": {
    "uuid": "98af7866-2c95-49bd-af42-476f8543759a",
    "symbol": "MERC",
    "name": "Mercia Asset Management PLC",
    "exchange": "LSE",
    "country_code": "GB",
    "country_name": "United Kingdom",
    "sector": "Financial Services",
    "industry": "Asset Management",
    "chart_url": "https://sharemaestro.com/terminal/98af7866-2c95-49bd-af42-476f8543759a/"
  },
  "snapshot": {
    "ticker": {
      "uuid": "98af7866-2c95-49bd-af42-476f8543759a",
      "symbol": "MERC",
      "name": "Mercia Asset Management PLC",
      "exchange": "LSE",
      "country_code": "GB",
      "country_name": "United Kingdom",
      "sector": "Financial Services",
      "industry": "Asset Management",
      "chart_url": "https://sharemaestro.com/terminal/98af7866-2c95-49bd-af42-476f8543759a/"
    },
    "as_of_date": "2026-06-12",
    "provider_symbol": "MERC.L",
    "market_cap": 124826160.0,
    "market_cap_usd": 12172449763.75,
    "price": 29.5,
    "currency": "GBP",
    "dividend_yield": 0.0329,
    "dividend_years": 6,
    "dividend_growth_5y": 0.57526762,
    "dividend_cut_5y": false,
    "payout_ratio": 1.2179,
    "net_income": 3455000.0,
    "free_cash_flow": 8591000.0,
    "fcf_covers_dividend": true,
    "debt_to_equity": 0.617,
    "revenue_growth_5y": 0.14937511,
    "net_margin": 0.09734999,
    "roe": 0.01793,
    "pe_ratio": 29.5,
    "price_vs_ma": 0.02485739,
    "return_3y": 0.15793222,
    "return_5y": -0.14991611,
    "max_drawdown": -0.48469144,
    "scores": {
      "dividend_reliability": 20.3,
      "dividend_sustainability": 13.0,
      "business_quality": 21.0,
      "valuation": 13.0,
      "trend": 6.5,
      "total": 73.8,
      "confidence": 100.0
    },
    "rating": "acceptable",
    "rating_label": "Acceptable, Needs Review",
    "decision": "reject",
    "decision_label": "Reject",
    "warnings": [
      "Payout ratio is elevated at 121.8%."
    ],
    "urls": {
      "page": "https://sharemaestro.com/dividend-compounders/ticker/98af7866-2c95-49bd-af42-476f8543759a/",
      "chart": "https://sharemaestro.com/terminal/98af7866-2c95-49bd-af42-476f8543759a/"
    }
  },
  "score_breakdown": {
    "dividend_reliability": 20.3,
    "dividend_sustainability": 13.0,
    "business_quality": 21.0,
    "valuation": 13.0,
    "trend": 6.5,
    "total": 73.8,
    "confidence": 100.0
  },
  "warnings": [
    "Payout ratio is elevated at 121.8%."
  ],
  "diary": [
    {
      "event_date": "2026-06-12",
      "event_type": "warning",
      "severity": "warning",
      "ticker": "MERC",
      "exchange": "LSE",
      "headline": "MERC dividend review warning",
      "detail": "Payout ratio is elevated at 121.8%.",
      "amount": null,
      "currency": "",
      "ticker_url": "https://sharemaestro.com/dividend-compounders/ticker/98af7866-2c95-49bd-af42-476f8543759a/"
    },
    {
      "event_date": "2025-12-11",
      "event_type": "decrease",
      "severity": "negative",
      "ticker": "MERC",
      "exchange": "LSE",
      "headline": "Dividend decreased -32.8%",
      "detail": "Payment changed from 0.58 to 0.39.",
      "amount": 0.39,
      "currency": "GBP",
      "ticker_url": "https://sharemaestro.com/dividend-compounders/ticker/98af7866-2c95-49bd-af42-476f8543759a/"
    },
    {
      "event_date": "2025-12-11",
      "event_type": "payment",
      "severity": "info",
      "ticker": "MERC",
      "exchange": "LSE",
      "headline": "MERC dividend payment 0.39 GBP",
      "detail": "Recorded dividend payment for Mercia Asset Management PLC.",
      "amount": 0.39,
      "currency": "GBP",
      "ticker_url": "https://sharemaestro.com/dividend-compounders/ticker/98af7866-2c95-49bd-af42-476f8543759a/"
    },
    {
      "event_date": "2025-10-02",
      "event_type": "increase",
      "severity": "positive",
      "ticker": "MERC",
      "exchange": "LSE",
      "headline": "Dividend increased 56.8%",
      "detail": "Payment changed from 0.37 to 0.58.",
      "amount": 0.58,
      "currency": "GBP",
      "ticker_url": "https://sharemaestro.com/dividend-compounders/ticker/98af7866-2c95-49bd-af42-476f8543759a/"
    },
    {
      "event_date": "2025-10-02",
      "event_type": "payment",
      "severity": "info",
      "ticker": "MERC",
      "exchange": "LSE",
      "headline": "MERC dividend payment 0.58 GBP",
      "detail": "Recorded dividend payment for Mercia Asset Management PLC.",
      "amount": 0.58,
      "currency": "GBP",
      "ticker_url": "https://sharemaestro.com/dividend-compounders/ticker/98af7866-2c95-49bd-af42-476f8543759a/"
    },
    {
      "event_date": "2024-12-05",
      "event_type": "decrease",
      "severity": "negative",
      "ticker": "MERC",
      "exchange": "LSE",
      "headline": "Dividend decreased -32.7%",
      "detail": "Payment changed from 0.55 to 0.37.",
      "amount": 0.37,
      "currency": "GBP",
      "ticker_url": "https://sharemaestro.com/dividend-compounders/ticker/98af7866-2c95-49bd-af42-476f8543759a/"
    },
    {
      "event_date": "2024-12-05",
      "event_type": "payment",
      "severity": "info",
      "ticker": "MERC",
      "exchange": "LSE",
      "headline": "MERC dividend payment 0.37 GBP",
      "detail": "Recorded dividend payment for Mercia Asset Management PLC.",
      "amount": 0.37,
      "currency": "GBP",
      "ticker_url": "https://sharemaestro.com/dividend-compounders/ticker/98af7866-2c95-49bd-af42-476f8543759a/"
    },
    {
      "event_date": "2024-10-03",
      "event_type": "increase",
      "severity": "positive",
      "ticker": "MERC",
      "exchange": "LSE",
      "headline": "Dividend increased 57.1%",
      "detail": "Payment changed from 0.35 to 0.55.",
      "amount": 0.55,
      "currency": "GBP",
      "ticker_url": "https://sharemaestro.com/dividend-compounders/ticker/98af7866-2c95-49bd-af42-476f8543759a/"
    },
    {
      "event_date": "2024-10-03",
      "event_type": "payment",
      "severity": "info",
      "ticker": "MERC",
      "exchange": "LSE",
      "headline": "MERC dividend payment 0.55 GBP",
      "detail": "Recorded dividend payment for Mercia Asset Management PLC.",
      "amount": 0.55,
      "currency": "GBP",
      "ticker_url": "https://sharemaestro.com/dividend-compounders/ticker/98af7866-2c95-49bd-af42-476f8543759a/"
    },
    {
      "event_date": "2023-12-07",
      "event_type": "decrease",
      "severity": "negative",
      "ticker": "MERC",
      "exchange": "LSE",
      "headline": "Dividend decreased -34.0%",
      "detail": "Payment changed from 0.53 to 0.35.",
      "amount": 0.35000002,
      "currency": "GBP",
      "ticker_url": "https://sharemaestro.com/dividend-compounders/ticker/98af7866-2c95-49bd-af42-476f8543759a/"
    },
    {
      "event_date": "2023-12-07",
      "event_type": "payment",
      "severity": "info",
      "ticker": "MERC",
      "exchange": "LSE",
      "headline": "MERC dividend payment 0.35 GBP",
      "detail": "Recorded dividend payment for Mercia Asset Management PLC.",
      "amount": 0.35000002,
      "currency": "GBP",
      "ticker_url": "https://sharemaestro.com/dividend-compounders/ticker/98af7866-2c95-49bd-af42-476f8543759a/"
    },
    {
      "event_date": "2023-09-28",
      "event_type": "increase",
      "severity": "positive",
      "ticker": "MERC",
      "exchange": "LSE",
      "headline": "Dividend increased 60.6%",
      "detail": "Payment changed from 0.33 to 0.53.",
      "amount": 0.53,
      "currency": "GBP",
      "ticker_url": "https://sharemaestro.com/dividend-compounders/ticker/98af7866-2c95-49bd-af42-476f8543759a/"
    },
    {
      "event_date": "2023-09-28",
      "event_type": "payment",
      "severity": "info",
      "ticker": "MERC",
      "exchange": "LSE",
      "headline": "MERC dividend payment 0.53 GBP",
      "detail": "Recorded dividend payment for Mercia Asset Management PLC.",
      "amount": 0.53,
      "currency": "GBP",
      "ticker_url": "https://sharemaestro.com/dividend-compounders/ticker/98af7866-2c95-49bd-af42-476f8543759a/"
    },
    {
      "event_date": "2022-12-15",
      "event_type": "payment",
      "severity": "info",
      "ticker": "MERC",
      "exchange": "LSE",
      "headline": "MERC dividend payment 0.33 GBP",
      "detail": "Recorded dividend payment for Mercia Asset Management PLC.",
      "amount": 0.32999998,
      "currency": "GBP",
      "ticker_url": "https://sharemaestro.com/dividend-compounders/ticker/98af7866-2c95-49bd-af42-476f8543759a/"
    },
    {
      "event_date": "2022-09-22",
      "event_type": "payment",
      "severity": "info",
      "ticker": "MERC",
      "exchange": "LSE",
      "headline": "MERC dividend payment 0.5 GBP",
      "detail": "Recorded dividend payment for Mercia Asset Management PLC.",
      "amount": 0.5,
      "currency": "GBP",
      "ticker_url": "https://sharemaestro.com/dividend-compounders/ticker/98af7866-2c95-49bd-af42-476f8543759a/"
    },
    {
      "event_date": "2021-12-16",
      "event_type": "payment",
      "severity": "info",
      "ticker": "MERC",
      "exchange": "LSE",
      "headline": "MERC dividend payment 0.3 GBP",
      "detail": "Recorded dividend payment for Mercia Asset Management PLC.",
      "amount": 0.3,
      "currency": "GBP",
      "ticker_url": "https://sharemaestro.com/dividend-compounders/ticker/98af7866-2c95-49bd-af42-476f8543759a/"
    },
    {
      "event_date": "2021-09-23",
      "event_type": "payment",
      "severity": "info",
      "ticker": "MERC",
      "exchange": "LSE",
      "headline": "MERC dividend payment 0.3 GBP",
      "detail": "Recorded dividend payment for Mercia Asset Management PLC.",
      "amount": 0.3,
      "currency": "GBP",
      "ticker_url": "https://sharemaestro.com/dividend-compounders/ticker/98af7866-2c95-49bd-af42-476f8543759a/"
    },
    {
      "event_date": "2020-12-10",
      "event_type": "payment",
      "severity": "info",
      "ticker": "MERC",
      "exchange": "LSE",
      "headline": "MERC dividend payment 0.1 GBP",
      "detail": "Recorded dividend payment for Mercia Asset Management PLC.",
      "amount": 0.1,
      "currency": "GBP",
      "ticker_url": "https://sharemaestro.com/dividend-compounders/ticker/98af7866-2c95-49bd-af42-476f8543759a/"
    }
  ]
}