City of London (CTY) To Go Ex-Dividend on April 25th

City of London (LON:CTY) announced a dividend on Thursday, April 11th, Upcoming.Co.Uk reports. Stockholders of record on Thursday, April 25th will be paid a dividend of GBX 5.25 ($0.06) per share on Friday, May 31st. This represents a dividend yield of 1.3%. The ex-dividend date of this dividend is Thursday, April 25th. This is a positive change from City of London’s previous dividend of $5.05. The official announcement can be accessed at this link.

City of London Stock Up 0.4 %

Shares of City of London stock opened at GBX 412.05 ($5.09) on Tuesday. The business has a 50-day moving average of GBX 398.26 and a 200-day moving average of GBX 396.47. The company has a debt-to-equity ratio of 5.73, a current ratio of 3.34 and a quick ratio of 0.50. The company has a market capitalization of £2.07 billion, a PE ratio of 1,642.00 and a beta of 0.67. City of London has a 1-year low of GBX 371.50 ($4.59) and a 1-year high of GBX 429.50 ($5.31).

Insider Activity

In other City of London news, insider Ominder Dhillon bought 1,500 shares of the stock in a transaction dated Tuesday, February 27th. The stock was bought at an average cost of GBX 393 ($4.85) per share, for a total transaction of £5,895 ($7,281.37). Insiders own 1.47% of the company’s stock.

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.