|Middlefield Canadian Inc Tst Inv Co
||RED PART PREF SHS NPV
||EPS - Basic
||Market Cap (m)
|Equity Investment Instruments
Middlefield Canadian News
|Middlefield Canadian Daily Update: Middlefield Canadian Inc Tst Inv Co is listed in the Equity Investment Instruments sector of the London Stock Exchange with ticker MCT. The last closing price for Middlefield Canadian was 104.50p.|
Middlefield Canadian Inc Tst Inv Co has a 4 week average price of 99.25p and a 12 week average price of 95.50p.
The 1 year high share price is 110.25p while the 1 year low share price is currently 77.50p.
There are currently 107,862,250 shares in issue and the average daily traded volume is 142,646 shares. The market capitalisation of Middlefield Canadian Inc Tst Inv Co is £113,120,534.69.
|neilyb675: Middlefield Canadian Income (MCT) is listed on the Main Market of the London Stock Exchange. It aims to invest in a diversified portfolio of Canadian and selected US companies that are able to pay high sustainable or growing dividends and have the potential to generate long-term capital growth. On a sector basis, the trust currently has high exposure to the pipelines, power & utility and real estate sectors. MCT is benchmarked against the S&P/TSX Composite High Dividend Index, which it has outperformed over one, three and five years. MCT currently pays a regular quarterly dividend of 1.25p, although the board has recently proposed a modest increase to 1.275p; its current dividend yield is 4.7%.
MCT's 5.4% current share price discount to cum-income NAV compares to the averages of the last one, three, five and 10 years (range of 5.4% to 13.4%). There is scope for the discount to narrow further if investor demand for Canadian equities increases or the manager continues to deliver positive relative investment performance. Investors should note that as recently as early 2015, MCT's share price stood at a premium to NAV. |
|ntv: discount is growing as share price slips away
yield is around 5%|
Middlefield Canadian share price data is direct from the London Stock Exchange