The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksCMHY.L Regulatory News (CMHY)

  • There is currently no data for CMHY

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Dividend Declaration

23 Mar 2021 15:05

City Merchants High Yield Trust Ltd - Dividend Declaration

City Merchants High Yield Trust Ltd - Dividend Declaration

PR Newswire

London, March 23

City Merchants High Yield Trust Limited

HEADLINE: 1st Interim Dividend

The Directors of the Company are pleased to announce the 1st interim dividend, in respect of the year ended 31 December 2021, of 2.5 pence per Ordinary share. This dividend will be paid on 21 May 2021, to shareholders on the register on 23 April 2021. The shares will be marked ex-dividend on 22 April 2021.

The Company has previously stated its intention is to target an annual dividend of 10 pence per share, which is reflected in the first interim dividend of 2.5 pence per share for the quarter to 31 March 2021. In connection with the proposed merger with Invesco Enhanced Income Limited (“IPE”) announced on 1 March 2021 (the “Transaction”), the Company stated its intention to target an annual dividend of 11 pence per share (equivalent to a quarterly dividend of 2.75 pence per share) for three years following the Transaction. Therefore, subject to the completion of the Transaction, the Company intends to target quarterly dividends of 2.75 pence per share for the remaining three quarters of the current financial year. In the event the Transaction does not complete, the Company will continue to target quarterly dividends of 2.5 pence per share for the current financial year. Completion of the Transaction is expected in May 2021, subject to the approval of shareholders of both the Company and IPE. Further information in relation to the Transaction is set out in the announcement on 1 March 2021.

Issued for and on behalf of City Merchants High Yield Trust Limited.

Contacts:

Hilary JonesJTC Fund Solutions (Jersey) LimitedTelephone: 01534 700000

23 March 2021

Date   Source Headline
15th Jan 20215:44 pmPRNNet Asset Value(s)
14th Jan 202112:01 pmPRNNet Asset Value(s)
13th Jan 202111:42 amPRNNet Asset Value(s)
12th Jan 20213:41 pmPRNBlocklisting - Interim Review
12th Jan 202111:32 amPRNNet Asset Value(s)
11th Jan 202111:30 amPRNNet Asset Value(s)
8th Jan 202112:24 pmPRNNet Asset Value(s)
7th Jan 202111:59 amPRNNet Asset Value(s)
6th Jan 202111:20 amPRNNet Asset Value(s)
5th Jan 202111:39 amPRNNet Asset Value(s)
4th Jan 20211:47 pmPRNPortfolio Update
4th Jan 202111:15 amPRNNet Asset Value(s)
31st Dec 202011:10 amPRNNet Asset Value(s)
30th Dec 202011:16 amPRNNet Asset Value(s)
29th Dec 202011:20 amPRNNet Asset Value(s)
24th Dec 202011:19 amPRNNet Asset Value(s)
23rd Dec 202011:13 amPRNNet Asset Value(s)
22nd Dec 202011:22 amPRNNet Asset Value(s)
21st Dec 202011:51 amPRNNet Asset Value(s)
21st Dec 202011:26 amPRNPortfolio Update
18th Dec 202011:17 amPRNNet Asset Value(s)
17th Dec 202012:00 pmPRNNet Asset Value(s)
16th Dec 202011:52 amPRNNet Asset Value(s)
15th Dec 20202:07 pmPRNDirectorate Change
15th Dec 20201:11 pmPRNDividend Declaration
15th Dec 202011:24 amPRNNet Asset Value(s)
14th Dec 202011:17 amPRNNet Asset Value(s)
11th Dec 202011:29 amPRNNet Asset Value(s)
10th Dec 202012:38 pmPRNNet Asset Value(s)
9th Dec 202011:27 amPRNNet Asset Value(s)
8th Dec 202011:13 amPRNNet Asset Value(s)
7th Dec 202011:57 amPRNNet Asset Value(s)
4th Dec 202011:40 amPRNNet Asset Value(s)
3rd Dec 202011:29 amPRNNet Asset Value(s)
2nd Dec 202011:43 amPRNNet Asset Value(s)
1st Dec 202011:28 amPRNNet Asset Value(s)
30th Nov 202011:30 amPRNNet Asset Value(s)
27th Nov 202011:27 amPRNNet Asset Value(s)
26th Nov 202011:44 amPRNNet Asset Value(s)
25th Nov 20202:10 pmPRNNet Asset Value(s)
24th Nov 202012:22 pmPRNNet Asset Value(s)
23rd Nov 202011:52 amPRNNet Asset Value(s)
20th Nov 202011:24 amPRNNet Asset Value(s)
19th Nov 202011:04 amPRNNet Asset Value(s)
18th Nov 202012:33 pmPRNNet Asset Value(s)
17th Nov 202011:17 amPRNNet Asset Value(s)
16th Nov 202011:58 amPRNNet Asset Value(s)
13th Nov 202011:39 amPRNNet Asset Value(s)
12th Nov 202011:53 amPRNNet Asset Value(s)
11th Nov 202011:23 amPRNNet Asset Value(s)

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.