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 4.93%.
Key information
4.9%
Dividend yield
156%
Payout ratio
| Industry average yield | 2.1% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | US$0.12 |
| Dividend yield forecast | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: CYLT.F's dividends per share have been stable in the past 10 years.
Growing Dividend: CYLT.F'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 (CYLT.F) | 4.9% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.3% |
| Industry Average (Capital Markets) | 2.1% |
| Analyst forecast (CYLT.F) (up to 3 years) | n/a |
Notable Dividend: CYLT.F's dividend (4.93%) is higher than the bottom 25% of dividend payers in the US market (1.49%).
High Dividend: CYLT.F's dividend (4.93%) is in the top 25% of dividend payers in the US market (4.54%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (156.4%), CYLT.F's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Insufficient data to calculate CYLT.F's cash payout ratio to determine if its dividend payments are covered by cash flows.