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. The fund primarily invests in dividend paying growth stocks of companies. It employs fundamental analysis with a focus on factors such as strong balance sheets, good cash flows, and significant upside potential to create its portfolio. The fund benchmarks the performance of its portfolio against the AIC UK Growth & Income sector's size weighted average. It was formerly known as TR City of London Trust PLC. The City of London Investment Trust plc was formed in 1860 and is domiciled in the United Kingdom.
City of London Investment Trust Dividend Announcement
• City of London Investment Trust announced a quarterly dividend of £5.25 per ordinary share which will be made payable on 2024-11-29. Ex dividend date: 2024-10-24
• City of London Investment Trust annual dividend for 2024 was £20.80
• City of London Investment Trust annual dividend for 2023 was £20.15
• City of London Investment Trust's trailing twelve-month (TTM) dividend yield is 4.8%
• City of London Investment Trust's dividend growth over the last five years (2018-2023) was 2.34% year
• City of London Investment Trust's dividend growth over the last ten years (2013-2023) was 3.41% year
City of London Investment Trust Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-10-24 | £5.25 | quarterly | 2024-11-29 |
2024-07-25 | £5.25 | quarterly | 2024-08-30 |
2024-04-25 | £5.25 | quarterly | 2024-05-31 |
2024-01-25 | £5.05 | quarterly | 2024-02-29 |
2023-10-26 | £5.05 | quarterly | 2023-11-30 |
2023-07-27 | £5.05 | quarterly | 2023-08-31 |
2023-04-27 | £5.05 | quarterly | 2023-05-31 |
2023-01-26 | £5.00 | quarterly | 2023-02-28 |
2022-10-27 | £5.00 | quarterly | 2022-11-30 |
2022-08-03 | £5.00 | quarterly | 2022-08-31 |
2022-04-28 | £5.00 | quarterly | 2022-05-31 |
2022-01-27 | £4.80 | quarterly | 2022-02-28 |
2021-10-28 | £4.80 | quarterly | 2021-11-30 |
2021-08-05 | £4.80 | quarterly | 2021-08-31 |
2021-04-29 | £4.80 | quarterly | 2021-05-28 |
2021-01-28 | £4.75 | quarterly | 2021-02-26 |
2020-10-29 | £4.75 | quarterly | 2020-11-30 |
2020-07-30 | £4.75 | quarterly | 2020-08-28 |
2020-04-23 | £4.75 | quarterly | 2020-05-29 |
2020-01-23 | £4.75 | quarterly | 2020-02-28 |
2019-10-24 | £4.75 | quarterly | 2019-11-29 |
2019-07-25 | £4.75 | quarterly | 2019-08-30 |
2019-04-25 | £4.75 | quarterly | 2019-05-31 |
2019-01-24 | £4.55 | quarterly | 2019-02-28 |
2018-10-18 | £4.55 | quarterly | 2018-11-30 |
2018-07-26 | £4.55 | quarterly | 2018-08-31 |
2018-04-26 | £4.55 | quarterly | 2018-05-31 |
2018-01-25 | £4.30 | quarterly | 2018-02-28 |
2017-10-19 | £4.30 | quarterly | 2017-11-30 |
2017-07-27 | £4.30 | quarterly | 2017-08-31 |
2017-04-27 | £4.30 | quarterly | 2017-05-31 |
2017-01-26 | £4.05 | quarterly | 2017-02-28 |
2016-10-20 | £4.05 | quarterly | 2016-11-30 |
2016-07-28 | £4.05 | quarterly | 2016-08-31 |
2016-04-28 | £4.05 | quarterly | 2016-05-31 |
2016-01-28 | £4.33 | quarterly | 2016-02-29 |
2015-10-22 | £4.33 | quarterly | 2015-11-30 |
2015-07-30 | £4.33 | quarterly | 2015-08-28 |
2015-04-30 | £4.33 | quarterly | 2015-05-29 |
2015-01-22 | £4.17 | quarterly | 2015-02-27 |
2014-10-23 | £4.17 | quarterly | 2014-11-28 |
2014-07-30 | £4.17 | quarterly | 2014-08-29 |
2014-04-30 | £4.17 | quarterly | 2014-05-30 |
2014-01-22 | £4.03 | quarterly | 2014-02-28 |
2013-10-23 | £3.63 | quarterly | 2013-11-29 |
2013-07-31 | £3.63 | quarterly | 2013-08-30 |
2013-05-01 | £3.63 | quarterly | 2013-05-31 |
2013-01-23 | £3.52 | quarterly | 2013-02-28 |
City of London Investment Trust Dividend per year
City of London Investment Trust Dividend growth
City of London Investment Trust Dividend Yield
City of London Investment Trust current trailing twelve-month (TTM) dividend yield is 4.8%. Interested in purchasing City of London Investment Trust stock? Use our calculator to estimate your expected dividend yield:
City of London Investment Trust Financial Ratios
City of London Investment Trust Dividend FAQ
Other factors to consider when evaluating City of London Investment Trust as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
1. Determination of Dividend: City of London Investment Trust's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, City of London Investment Trust publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, City of London Investment Trust distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from City of London Investment Trust are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: City of London Investment Trust sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, City of London Investment Trust distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: City of London Investment Trust declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of City of London Investment Trust's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review City of London Investment Trust's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.