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

City of London (LON:CTY) announced a dividend on Thursday, September 5th, Upcoming.Co.Uk reports. Shareholders 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 viewed at this link.

City of London Price Performance

CTY traded down GBX 0.50 ($0.01) during midday trading on Thursday, hitting GBX 436 ($5.73). The stock had a trading volume of 496,313 shares, compared to its average volume of 782,950. The company has a market cap of £2.17 billion, a P/E ratio of 1,742.27 and a beta of 0.66. The business has a fifty day moving average of GBX 433.45 and a 200 day moving average of GBX 417.63. The company has a debt-to-equity ratio of 5.73, a quick ratio of 0.50 and a current ratio of 3.34. City of London has a 1 year low of GBX 371.50 ($4.88) and a 1 year high of GBX 454 ($5.97).

About City of London

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.