City of London Declares Dividend of GBX 5.25 (LON:CTY)

City of London (LON:CTY) announced a dividend on Thursday, September 5th, Upcoming.Co.Uk reports. Investors of record on Thursday, October 24th will be paid a dividend of GBX 5.25 ($0.07) per share on Friday, November 29th. This represents a yield of 1.2%. The ex-dividend date is Thursday, October 24th. The official announcement can be seen at this link.

City of London Stock Performance

City of London stock traded down GBX 0.50 ($0.01) during midday trading on Thursday, reaching GBX 436 ($5.73). The stock had a trading volume of 496,313 shares, compared to its average volume of 782,950. City of London has a 12 month low of GBX 371.50 ($4.88) and a 12 month high of GBX 454 ($5.97). The firm’s 50-day moving average price is GBX 433.45 and its 200 day moving average price is GBX 417.63. The firm has a market capitalization of £2.17 billion, a PE ratio of 1,742.27 and a beta of 0.66. The company has a quick ratio of 0.50, a current ratio of 3.34 and a debt-to-equity ratio of 5.73.

City of London Company Profile

The City of London Investment Trust plc is a closed-ended equity mutual fund launched and managed by Henderson Investment Funds Limited. It is co-managed by Henderson Global Investors Limited. The fund invests in the public equity markets of the United Kingdom. It seeks to invest in stocks of companies operating across diversified sectors.