City of London Investment Trust (The) (LSE:CTY) Dividend Payout Ratio : 0.38 (As of Dec. 2023)

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What is City of London Investment Trust (The) Dividend Payout Ratio?

City of London Investment Trust (The)'s dividend payout ratio for the months ended in Dec. 2023 was 0.38.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of City of London Investment Trust (The) PLC is 0.81, which seems too high.

The historical rank and industry rank for City of London Investment Trust (The)'s Dividend Payout Ratio or its related term are showing as below:

LSE:CTY' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.3 Med: 0.68 Max: 1.57
Current: 0.81

During the past 13 years, the highest Dividend Payout Ratio of City of London Investment Trust (The) was 1.57. The lowest was 0.30. And the median was 0.68.

LSE:CTY's Dividend Payout Ratio is ranked better than
52.14% of 936 companies
in the Asset Management industry
Industry Median: 0.83 vs LSE:CTY: 0.81

As of today (2024-05-06), the Dividend Yield % of City of London Investment Trust (The) is 4.89%.

During the past 13 years, the highest Trailing Annual Dividend Yield of City of London Investment Trust (The) was 6.17%. The lowest was 3.53%. And the median was 4.19%.

City of London Investment Trust (The)'s Dividends per Share for the months ended in Dec. 2023 was £0.10.

During the past 12 months, City of London Investment Trust (The)'s average Dividends Per Share Growth Rate was 2.00% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 1.90% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 2.50% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 3.70% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of City of London Investment Trust (The) was 10.00% per year. The lowest was 1.80% per year. And the median was 4.30% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

City of London Investment Trust (The) Dividend Payout Ratio Historical Data

The historical data trend for City of London Investment Trust (The)'s Dividend Payout Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

City of London Investment Trust (The) Dividend Payout Ratio Chart

City of London Investment Trust (The) Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Dividend Payout Ratio

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1.57

0.31

0.88

1.56

City of London Investment Trust (The) Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Dividend Payout Ratio	Get a 7-Day Free Trial															0.37	-	0.69	-	0.38

Competitive Comparison of City of London Investment Trust (The)'s Dividend Payout Ratio

For the Asset Management subindustry, City of London Investment Trust (The)'s Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

City of London Investment Trust (The)'s Dividend Payout Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, City of London Investment Trust (The)'s Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where City of London Investment Trust (The)'s Dividend Payout Ratio falls into.

City of London Investment Trust (The) Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

City of London Investment Trust (The)'s Dividend Payout Ratio for the fiscal year that ended in Jun. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Jun. 2023 )	/	EPS without NRI (A: Jun. 2023 )
	=	0.201	/	0.129
	=	1.56

City of London Investment Trust (The)'s Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Dec. 2023 )	/	EPS without NRI (Q: Dec. 2023 )
	=	0.101	/	0.265
	=	0.38

City of London Investment Trust (The) (LSE:CTY) Dividend Payout Ratio Explanation

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

City of London Investment Trust (The) Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of City of London Investment Trust (The)'s Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

City of London Investment Trust (The) (LSE:CTY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » City of London Investment Trust (The) PLC (LSE:CTY) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

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Address

201 Bishopsgate, London, GBR, EC2M 3AE

Website

http://www.cityinvestmenttrust.com

City of London Investment Trust (The) PLC is an investment trust which aims to provide long-term growth in income and capital through investments in equities listed on the London Stock Exchange. While the company mainly invests in equities, there is the flexibility to invest in debt securities, such as convertibles, corporate bonds, or government debt. It generates most of its revenue from investing in the UK market.

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