City of London (LON:CTY – Get Free Report)’s stock price reached a new 52-week high on Tuesday . The company traded as high as GBX 395 ($4.96) and last traded at GBX 431 ($5.41), with a volume of 143437 shares changing hands. The stock had previously closed at GBX 427.50 ($5.36).
City of London Price Performance
The business has a fifty day moving average of GBX 428.23 and a 200 day moving average of GBX 430.86. The company has a debt-to-equity ratio of 5.73, a current ratio of 3.34 and a quick ratio of 0.50. The stock has a market cap of £2.13 billion, a PE ratio of 1,724.00 and a beta of 0.66.
City of London Announces Dividend
The business also recently disclosed a dividend, which will be paid on Friday, February 28th. Shareholders of record on Thursday, January 23rd will be issued a dividend of GBX 5.25 ($0.07) per share. This represents a yield of 1.2%. The ex-dividend date is Thursday, January 23rd. City of London’s dividend payout ratio is currently 8,400.00%.
About City of London
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.
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