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City of London (CTY) - Fourth interim dividend

General discussions about equity high-yield income strategies
Itsallaguess
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City of London (CTY) - Fourth interim dividend

#601982

Postby Itsallaguess » July 13th, 2023, 3:24 pm


The Board of The City of London Investment Trust plc announces that -

A fourth interim dividend of 5.05p per ordinary share of 25p will be paid on 31 August 2023 to holders registered at the close of business on 28 July 2023.

The Company's shares will go ex-dividend on 27 July 2023.

The total dividend for the year to 30 June 2023 is 20.10p per share, an increase of 2.6% over the previous year.


https://www.londonstockexchange.com/news-article/CTY/dividend-declaration/16040437


On a rolling 12-month dividend of 20.10p, and a current share prices of around 396p, that makes the current yield on CTY to be about 5.08%, with a steady dividend record over recent years -


Image

Source - https://www.dividenddata.co.uk/dividend-history.py?epic=CTY

Cheers,

Itsallaguess

monabri
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Re: City of London (CTY) - Fourth interim dividend

#602006

Postby monabri » July 13th, 2023, 4:56 pm

Looks just like a good HYP share.. .. ..

;)

AshleyW
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Re: City of London (CTY) - Fourth interim dividend

#602084

Postby AshleyW » July 14th, 2023, 12:15 am

Dividend cover is below 0.5 years. I prefer Schroder Income and JP Morgan Claverhouse. Higher divided growth and reserves.


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