Shares of City of London (LON:CTY - Get Free Report) reached a new 52-week high during trading on Wednesday . The stock traded as high as GBX 458.50 ($5.93) and last traded at GBX 458.20 ($5.93), with a volume of 197400 shares changing hands. The stock had previously closed at GBX 456.50 ($5.91).
City of London Price Performance
The business's fifty day moving average price is GBX 442.46 and its 200 day moving average price is GBX 435.17. The stock has a market cap of £2.24 billion, a P/E ratio of 7.64 and a beta of 0.66. The company has a debt-to-equity ratio of 7.40, a current ratio of 7.10 and a quick ratio of 0.50.
City of London Increases Dividend
The company also recently disclosed a dividend, which was paid on Friday, March 28th. Stockholders of record on Thursday, March 20th were given a dividend of GBX 12 ($0.16) per share. The ex-dividend date was Thursday, March 20th. This is a boost from City of London's previous dividend of $5.25. This represents a dividend yield of 4.12%. City of London's dividend payout ratio is 35.35%.
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