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. Stockholders of record on Thursday, October 24th will be given a dividend of GBX 5.25 ($0.07) per share on Friday, November 29th. This represents a dividend yield of 1.2%. The ex-dividend date of this dividend is Thursday, October 24th. The official announcement can be viewed at this link.

City of London Stock Performance

LON CTY opened at GBX 432.95 ($5.62) on Tuesday. The stock has a market capitalization of £2.14 billion, a price-to-earnings ratio of 1,742.00 and a beta of 0.66. The stock has a 50-day moving average of GBX 436.88 and a 200 day moving average of GBX 426.49. The company has a current ratio of 3.34, a quick ratio of 0.50 and a debt-to-equity ratio of 5.73. City of London has a twelve month low of GBX 371.50 ($4.82) and a twelve month high of GBX 454 ($5.89).

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.