North Atlantic Smaller Cos pays an annual dividend of GBX 69 per share and has a dividend yield of 1.7%. The Mercantile Investment Trust pays an annual dividend of GBX 8 per share and has a dividend yield of 3.4%. North Atlantic Smaller Cos pays out 43,125.0% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. The Mercantile Investment Trust pays out 8,000.0% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. The Mercantile Investment Trust is clearly the better dividend stock, given its higher yield and lower payout ratio.