City of London Investment Group (LON:CLIG) Reaches New 1-Year High at $440.00
Shares of City of London Investment Group PLC (LON:CLIG) hit a new 52-week high during trading on Friday . The company traded as high as GBX 440 ($5.75) and last traded at GBX 440 ($5.75), with a volume of 5870 shares traded. The stock had previously closed at GBX 434 ($5.67).
The firm has a market cap of $116.87 million and a P/E ratio of 12.50. The firm has a fifty day moving average of GBX 416.60.
The firm also recently declared a dividend, which will be paid on Tuesday, October 29th. Stockholders of record on Thursday, October 10th will be issued a dividend of GBX 18 ($0.24) per share. The ex-dividend date of this dividend is Thursday, October 10th. This represents a dividend yield of 4.25%. City of London Investment Group’s dividend payout ratio (DPR) is presently 0.77%.
City of London Investment Group PLC is a publically owned investment manager. The firm provides client focused equity portfolios. It invests in public equity markets across the globe. The firm invests in small cap companies in emerging markets to create its portfolios. It uses combination of macroeconomic, qualitative, and top down company analysis to make its investments.
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