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

City of London (LON:CTY) announced a dividend on Thursday, July 11th, Upcoming.Co.Uk reports. Shareholders of record on Thursday, July 25th will be given a dividend of GBX 5.25 ($0.07) per share on Friday, August 30th. This represents a yield of 1.2%. The ex-dividend date is Thursday, July 25th. The official announcement can be seen at this link.

City of London Stock Performance

CTY stock traded up GBX 4 ($0.05) during mid-day trading on Thursday, reaching GBX 436 ($5.58). The company had a trading volume of 842,043 shares, compared to its average volume of 797,711. The stock has a market capitalization of £2.17 billion, a P/E ratio of 1,731.08 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 has a one year low of GBX 371.50 ($4.76) and a one year high of GBX 436 ($5.58). The stock’s 50-day simple moving average is GBX 421.64 and its two-hundred day simple moving average is GBX 407.86.

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.