City of London Investment Trust shares up on annual results
20th Sep 2016 08:49
(ShareCast News) - City of London Investment Trust posted its annual report for the year to 30 June on Tuesday, with net asset value total return performance of 3.1%, less than half the 6.1% rate seen in 2015, and share price performance of 0.4%, down from 7.2%. The FTSE 250 firm reported total net
Read moreCity of London trust sees interim net return plunge
19th Feb 2015 09:43
Investment group City of London Investment Trust lifted its net asset value in the first half but suffered plunging net returns on ordinary activities before tax from £100.22m to £25.62m. Limited exposure to the oil and mining sectors saw the trust's net asset value per share rise 2.1% in the six mo
Read moreCity of London investment trust earnings flattened by sterling
18th Sep 2014 10:52
City of London Investment Trust (CTY) said it had a "satisfactory year" after results were hit by the strength in sterling and weak economies overseas. The group, whose largest blue-chip investments include Royal Dutch Shell, British American Tobacco and HSBC, said the total return on net asset valu
Read moreCity of London Investment Trust posts NAV return of 9.6 per cent
8th Feb 2013 11:34
City of London Investment Trust has reported a 'good performance' in the context of a mixed global economic environment, according to its half yearly report for the period ending December 31st. The company reported that it had produced a net asset value total return of 9.6%, 1.1% better than the si
Read moreCity of London confident despite losing major client
21st Jan 2013 07:10
Despite the generally positive - albeit volatile - trend seen in developed world markets in the second half of 2012, and an associated pick-up in fund inflows, funds under Management ("FuM") at emerging markets specialist City of London Investment Group actually fell in the half year ended November
Read moreCity of London Investment Trust posts rise in gearing and NAV
20th Apr 2012 15:23
City of London Investment Trust has said that during the quarter ended March 31st its portfolio remained biased towards non-cyclical and global companies. Gearing increased from 9% at December 31st to 10.1% at March 31st. Purchases exceeded sales by £20.3m. During the quarter net assets rose from
Read moreHilton Chief stocks up on 100,000 shares
13th Apr 2012 12:51
Robert Watson, Chief Executive Officer of Hilton Food Group, snapped up 100,000 shares in the company on Wednesday April 11, less than a fortnight after the company posted a 10% rise in pre-tax profits. Watson, who has held his position since 2002, purchased the shares at 280p each for a total ou
Read moreDiploma's COO sells off shares
20th Feb 2012 15:51
Shares in Diploma, the specialised technical products and services provider, are trading just 30p off their all-time high hit at the end of January, so it was not a bad time for Iain Henderson, the Chief Operating Officer, to reduce his holding in the company, Henderson pared his stake in the firm
Read moreCity of London IT hikes divi again
14th Sep 2011 13:34
City of London Investment Trust (CTY) increased its dividend for the 45th year in a row in respect of the year ended 30 June, as it saw its net asset value (NAV) total return of 29.2% exceeded the 26.5% return in 2010. "The majority of the return was achieved in the first half of the period with t
Read moreCity of London IT highlights its yield
14th Sep 2010 18:45
City of London Investment Trust increased its full-year dividend for the 44th year in a row after its net asset value per share increased by more than a quarter in the year to end-June. Net asset value (NAV) per share total return was 26.5% in the year, compared to a 20.9% decline the year before.
Read moreCity of London Investment Trust To Pay 3.25P Interim Dividend
15th Jul 2010 15:47
LONDON (Dow Jones)--City of London Investment Trust PLC (CTY.LN) said Thursday a fourth interim dividend of 3.25 pence per ordinary share, in respect of the year ending June 30 will be paid on Aug. 31. MAIN FACTS: -The total dividend for the year to June 30 will be 12.66 pence per share, an
Read moreCity of London IT continues focus on dividends
8th Sep 2009 16:28
Income focused investment trust City of London said the year to end-June 2009 had been a difficult one for the company, especially in 2009 when low-yielding cyclical stocks returned to fashion with a vegenance. 'Relative to the index, it has been a year of two halves. In the first half, the net as
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