City of London Investment Trust Dividend
Dividend criteria checks 5/6
City of London Investment Trust is a dividend paying company with a current yield of 5.16% that is well covered by earnings. Next payment date is on 31st May, 2024 with an ex-dividend date of 25th April, 2024.
Key information
5.2%
Dividend yield
79%
Payout ratio
| Industry average yield | 2.7% |
| Next dividend pay date | 31 May 24 |
| Ex dividend date | 25 Apr 24 |
| Dividend per share | n/a |
| Earnings per share | €0.25 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: CLN's dividends per share have been stable in the past 10 years.
Growing Dividend: CLN's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| City of London Investment Trust Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (CLN) | 5.2% |
| Market Bottom 25% (DE) | 1.7% |
| Market Top 25% (DE) | 4.8% |
| Industry Average (Capital Markets) | 2.7% |
| Analyst forecast in 3 Years (CLN) | n/a |
Notable Dividend: CLN's dividend (5.16%) is higher than the bottom 25% of dividend payers in the German market (1.65%).
High Dividend: CLN's dividend (5.16%) is in the top 25% of dividend payers in the German market (4.81%)
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (78.6%), CLN's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Insufficient data to calculate CLN's cash payout ratio to determine if its dividend payments are covered by cash flows.