CT UK High Income Trust Plc (LON:CHI) Declares Dividend Increase - GBX 1.74 Per Share

CT UK High Income Trust Plc (LON:CHI - Get Free Report) announced a dividend on Wednesday, March 26th, DividendData.Co.Uk reports. Shareholders of record on Thursday, April 3rd will be paid a dividend of GBX 1.74 ($0.02) per share on Friday, May 2nd. This represents a yield of 1.75%. The ex-dividend date of this dividend is Thursday, April 3rd. This is a 28.9% increase from CT UK High Income Trust's previous dividend of $1.35. The official announcement can be viewed at this link.

CT UK High Income Trust Stock Up 3.5 %

Shares of CT UK High Income Trust stock traded up GBX 3.50 ($0.05) during trading hours on Friday, reaching GBX 103 ($1.33). 25,065 shares of the company's stock were exchanged, compared to its average volume of 87,273. The stock has a market cap of £85.82 million, a P/E ratio of 1,030.00 and a beta of 0.75. The company has a 50 day moving average of GBX 99 and a two-hundred day moving average of GBX 94.45. The company has a current ratio of 0.14, a quick ratio of 1.06 and a debt-to-equity ratio of 14.15. CT UK High Income Trust has a fifty-two week low of GBX 82 ($1.06) and a fifty-two week high of GBX 105 ($1.36).

About CT UK High Income Trust

CT UK High Income Trust PLC aims to provide shareholders with an attractive level of income together with the opportunity for Trust growth. The Trust invests predominantly in UK equities and equity-related securities of companies across the market capitalisation spectrum. The trust has two classes of share – Ordinary shares and B shares – which pay the same level of quarterly cash distributions.