Dividend Declaration
RNS Number : 6916H
City of London Investment Trust PLC
07 April 2022
 

JANUS HENDERSON FUND MANAGEMENT UK LIMITED

 

THE CITY OF LONDON INVESTMENT TRUST PLC

 

LEGAL ENTITY IDENTIFIER: 213800F3NOTF47H6AO55

 

7 April 2022

 

 

THE CITY OF LONDON INVESTMENT TRUST PLC

 

Dividend on Ordinary Shares

 

The Board of The City of London Investment Trust plc announces that:

 

A third interim dividend of 5.00p per ordinary share of 25p, in respect of the year ending 30 June 2022, will be paid on 31 May 2022 to holders registered at the close of business on 29 April 2022. The Company's shares will go ex-dividend on 28 April 2022.

 

The Board intends to declare a fourth interim dividend of 5.00p per share for the year to 30 June 2022. The fourth interim dividend will be declared in July 2022. This would make a total dividend for the year to 30 June 2022 of 19.60p per share, an increase of 2.6% on the previous year and the Company's 56th consecutive annual increase. The 19.60p dividend for the year to 30 June 2022 is expected, based on our current projections for the revenue account, to be fully covered by earnings with a surplus carried to the revenue reserve.

 

 

 

 

For further information please contact:

 

Job Curtis

Fund Manager

The City of London Investment Trust plc

Telephone: 020 7818 4367

 

James de Sausmarez

Director and Head of Investment Trusts

Janus Henderson Investors

Telephone: 020 7818 3349

 

Harriet Hall

Investment Trusts PR Manager

Janus Henderson Investors

Telephone: 020 7818 2919

 

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