LON:CTY

City of London (CTY) Share Price, News & Analysis

GBX 423
+1.50 (+0.36%)
(As of 04:35 PM ET)
Today's Range
421
424
50-Day Range
390
422
52-Week Range
371.50
424.50
Volume
844,179 shs
Average Volume
758,335 shs
Market Capitalization
£2.11 billion
P/E Ratio
1,692.00
Dividend Yield
4.96%
Price Target
N/A
CTY stock logo

About City of London Stock (LON:CTY)

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.

CTY Stock Price History

CTY Stock News Headlines

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Proof that the Musk/Bezos rivalry is about to hit a new level
Elon Musk Humiliated Since Jeff Bezos and Elon Musk first met in 2004 — they've been involved in a bitter feud… from rockets, to electric vehicles to who's the world richest person…for going on two decades these two have been at each others throats…
See More Headlines
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Company Calendar

Ex-Dividend for 2/29 Dividend
1/25/2024
Dividend Payable
2/29/2024
Ex-Dividend for 5/31 Dividend
4/25/2024
Today
5/09/2024
Dividend Payable
5/31/2024

Industry, Sector and Symbol

Industry
Asset Management
Sub-Industry
N/A
CIK
N/A
Fax
N/A
Employees
N/A
Year Founded
N/A

Profitability

Net Income
£127.17 million
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
£140.56 million
Book Value
GBX 402 per share

Miscellaneous

Free Float
N/A
Market Cap
£2.11 billion
Optionable
Not Optionable
Beta
0.67
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Key Executives

  • Mr. Job Sebastian Curtis (Age 62)
    Fund Manager
  • Mr. Ben Lofthouse C.F.A. (Age 48)
    Portfolio Manager
  • Ms. Laura Foll
    Portfolio Manager
  • Mr. Alexander Arthur Crooke ASIP (Age 54)
    Fund Manager
  • Mr. David Smith
    Portfolio Manager

CTY Stock Analysis - Frequently Asked Questions

How have CTY shares performed in 2024?

City of London's stock was trading at GBX 409.50 at the beginning of 2024. Since then, CTY stock has increased by 3.4% and is now trading at GBX 423.28.
View the best growth stocks for 2024 here
.

How often does City of London pay dividends? What is the dividend yield for City of London?

City of London announced a dividend on Thursday, April 11th. Stockholders of record on Thursday, April 25th will be paid a dividend of GBX 5.25 per share on Friday, May 31st. This represents a dividend yield of 1.3%. The ex-dividend date is Thursday, April 25th. This is a positive change from the stock's previous dividend of GBX 5.05. The official announcement can be seen at this link.
Read our dividend analysis for CTY
.

Is City of London a good dividend stock?

City of London (LON:CTY) pays an annual dividend of GBX 21 per share and currently has a dividend yield of 5.09%. CTY has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 8,400.00%. Payout ratios above 75% are not desirable because they may not be sustainable.
Read our dividend analysis for CTY.

What other stocks do shareholders of City of London own?

Based on aggregate information from My MarketBeat watchlists, some companies that other City of London investors own include BP (BP), Ediston Property Investment (EPIC), Dynavax Technologies (DVAX), GSK (GSK), Merchants Trust (MRCH), Murray Income Trust (MUT), National Grid (NG), Aldeyra Therapeutics (ALDX) and Ares Capital (ARCC).

How do I buy shares of City of London?

Shares of CTY stock and other U.K. stocks can be purchased through online brokerage accounts that support trading on the London Stock Exchange (LSX). Some U.K. companies can be purchased through major U.S. brokerages in the form of American Depository Receipts (ADRs), which are placeholder equities held in a trust by a bank that represent shares of a foreign stock.
Compare Top Brokerages Here.

This page (LON:CTY) was last updated on 5/9/2024 by MarketBeat.com Staff

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