City of London Investment Trust Dividend
Dividend criteria checks 4/6
City of London Investment Trust is a dividend paying company with a current yield of 4.76% that is well covered by earnings. Next payment date is on 29th November, 2024 with an ex-dividend date of 24th October, 2024.
Key information
4.8%
Dividend yield
35%
Payout ratio
| Industry average yield | 2.8% |
| Next dividend pay date | 29 Nov 24 |
| Ex dividend date | 24 Oct 24 |
| Dividend per share | UK£0.210 |
| Earnings per share | UK£0.60 |
| Dividend yield forecast | n/a |
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: CTYL's dividends per share have been stable in the past 10 years.
Growing Dividend: CTYL'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 (CTYL) | 4.8% |
| Market Bottom 25% (GB) | 2.0% |
| Market Top 25% (GB) | 5.5% |
| Industry Average (Capital Markets) | 2.8% |
| Analyst forecast (CTYL) (up to 3 years) | n/a |
Notable Dividend: CTYL's dividend (4.76%) is higher than the bottom 25% of dividend payers in the UK market (2.05%).
High Dividend: CTYL's dividend (4.76%) is low compared to the top 25% of dividend payers in the UK market (5.42%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (34.7%), CTYL's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Insufficient data to calculate CTYL's cash payout ratio to determine if its dividend payments are covered by cash flows.