Archived article
Please note that tax, investment, pension and ISA rules can change and the information and any views contained in this article may now be inaccurate.
City Of London Investment Trust PLC - aims for long-term growth in income and capital by investing in London-listed equities - Reports net asset value total return of 7.5% in the financial year that ended on June 30, down from 20% in financial 2021 but beating the 1.6% return of the FTSE All-Share index. Says performance was helped by the portfolio's tilt toward large companies and dividend payers. NAV per share is 390.9 pence on June 30, up 0.9% from 387.6p a year before. Declares 19.6p per share in dividends for recent year, up 2.6% from 19.1p the year before, continuing its ‘unique 56-year record of annual dividend increases’.
Current stock price: 397.00p
12-month change: up 4.3%
Copyright 2022 Alliance News Limited. All Rights Reserved.