City of London (LON:CTY - Get Free Report) hit a new 52-week high during mid-day trading on Monday . The company traded as high as GBX 454.50 ($5.89) and last traded at GBX 453.86 ($5.89), with a volume of 690388 shares traded. The stock had previously closed at GBX 449.50 ($5.83).
City of London Stock Down 0.6 %
The firm's 50 day moving average price is GBX 439.64 and its two-hundred day moving average price is GBX 434.43. The company has a market cap of £2.24 billion, a P/E ratio of 7.62 and a beta of 0.66. The company has a debt-to-equity ratio of 7.40, a quick ratio of 0.50 and a current ratio of 7.10.
City of London Increases Dividend
The firm also recently declared a dividend, which will be paid on Friday, March 28th. Shareholders of record on Thursday, March 20th will be paid a dividend of GBX 12 ($0.16) per share. This represents a yield of 4.12%. The ex-dividend date is Thursday, March 20th. This is a positive change from City of London's previous dividend of $5.25. City of London's payout ratio is 35.35%.
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