City Merchants High Yield Trust Plc (LON:CMHY) to Issue GBX 2.50 Dividend

City Merchants High Yield Trust Plc (LON:CMHY) declared a dividend on Wednesday, March 25th, Upcoming.Co.Uk reports. Investors of record on Thursday, April 23rd will be given a dividend of GBX 2.50 ($0.03) per share on Friday, May 22nd. This represents a yield of 1.74%. The ex-dividend date of this dividend is Thursday, April 23rd. The official announcement can be viewed at this link.

LON CMHY traded up GBX 5 ($0.07) during trading hours on Thursday, hitting GBX 154.50 ($2.03). 235,373 shares of the stock were exchanged, compared to its average volume of 152,389. The company has a market cap of $156.88 million and a price-to-earnings ratio of 13.55. City Merchants High Yield Trust has a 12-month low of GBX 1.85 ($0.02) and a 12-month high of GBX 199.50 ($2.62). The stock has a 50-day moving average of GBX 179.48 and a 200 day moving average of GBX 189.43.

City Merchants High Yield Trust Company Profile

City Merchants High Yield Trust Limited is a closed-ended fixed income mutual fund launched and managed by Invesco Fund Managers Limited. It is co-managed by INVESCO Asset Management Limited. The fund invests in fixed income markets across the globe. It primarily invests in high yield fixed income securities including preference shares, convertible and redeemable loan stocks, corporate bonds, and government bonds.

Read More: Understanding dividend yield and dividend payout ratio

Dividend History for City Merchants High Yield Trust (LON:CMHY)

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