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City of London IT Hikes Fourth Quarter Dividend To 4.75 Pence

Thu, 18th Jul 2019 14:24

(Alliance News) - City of London Investment Trust PLC on Thursday declared a 4.75 pence per share dividend for the three months to June-end

The quarterly dividend payment would take the full year total payout to to 18.60p.

The year prior, City of London IT paid a 4.55p fourth quarter dividend as part of its total 17.70p payout during financial 2018. Consequently, the fourth quarter dividend was 4.4% higher than the year prior taking the full year total 5.1% higher than the year before.

Shares in City of London Investment Trust were 0.3% lower at 427.44 pence in London on Thursday.

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