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 5.09% that is well covered by earnings.
Key information
5.1%
Dividend yield
79%
Payout ratio
Industry average yield | 3.2% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | UK£0.25 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: CTY's dividends per share have been stable in the past 10 years.
Growing Dividend: CTY'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 (CTY) | 5.1% |
Market Bottom 25% (GB) | 2.1% |
Market Top 25% (GB) | 5.8% |
Industry Average (Capital Markets) | 3.2% |
Analyst forecast in 3 Years (CTY) | n/a |
Notable Dividend: CTY's dividend (5.09%) is higher than the bottom 25% of dividend payers in the UK market (2.15%).
High Dividend: CTY's dividend (5.09%) is low compared to the top 25% of dividend payers in the UK market (5.88%).
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (78.6%), CTY's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Insufficient data to calculate CTY's cash payout ratio to determine if its dividend payments are covered by cash flows.