City Of London Investment Share Discussion Threads

[gateside] 30/12/2022 07:53

Interactive Investor pay CTY dividends directly into my ISA account, the same as all my other dividends.

[jeffian] 29/12/2022 10:09

"Dividends from this trust are sent to us via cheque"

Eh?! I thought this was the 21st Century?

[u813061] 28/12/2022 15:17

CTY features in my best investment trusts of 2022. For further analysis and to see the other investment trusts are also featured, click on this link hxxps://youtu.be/5j5cTeEW8k0

[jimmladd1] 05/12/2022 11:36

Divi in from HL now:)

[thamestrader] 03/12/2022 15:33

Thanks bodlan

[edward3] 03/12/2022 15:13

Yea sorry looking at the wrong fund

[bodlan] 03/12/2022 13:11

This is the reply I got from HL

Thank you for your query on the City Of London Investment Trust dividend payment.

Our Dividends team have confirmed that we're currently awaiting to receive this payment. Dividends from this trust are sent to us via cheque, due to the current postal strikes we are yet to receive this cash. As soon as this has been received we will make sure to apply this to our client's accounts as soon as possible.

In the meantime we apologise for the delay.

[gateside] 03/12/2022 12:08

Yes dividend data is a good website

[mirandaj] 03/12/2022 12:03

https://www.dividenddata.co.uk/ex-dividend-date-search.py?searchTerm=CTY

[gateside] 03/12/2022 11:58

edward3...

The divi that is due to be announced next week, will go ex div in late January and be paid in February

[bothdavis] 03/12/2022 11:44

Had mine and reinvested 2nd Dec, with II.

[apparition1] 03/12/2022 09:40

AJ Bell paid it on 30th November.

[edward3] 03/12/2022 09:26

Dividend should be announced in the next week and paid later this month ..

[killing_time] 03/12/2022 09:06

Yep, I haven't received the CTY div yet. HL are getting worse at paying dividends on time. Probably turn up on Monday.

[gateside] 03/12/2022 09:06

Interactive Investor paid it on 30th Nov. I have all my dividends on automatic reinvestment.It was reinvested yesterday on the 2nd.

[thamestrader] 03/12/2022 08:48

Anybody with HL received/not received their dividend yet?
Should've been paid on 30 November.
Unlike HL or CTY to be late.

[topvest] 19/9/2022 19:37

Results out today. Unusual timing, but they were approved on Friday by the looks of things. Anyway, good results and well covered dividend. 56th raise. A core holding.

[mike the mechanic] 31/8/2022 13:54

The money is invested in more shares by CTY in line with the investment policy.
Because CTY share price is at a premium to the net asset value this should be a benefit to existing shareholders
Conversely investment trusts trading at a discount to the net asset value often buy back shares as it should increase the value per share

[c29110] 31/8/2022 12:42

Issue of equity question?

In June 22 alone CTY issued over 4.4 million shares. What do they do with this money?

I hear Job talking about selling positions to buy into other shares but never any talk of the money raised through issue of equity.

[ramellous] 25/8/2022 06:15

Job recently getting interviewed. Says that they have stopped using reserves for dividends and are putting cash back into the reserves now.

hTTps://youtu.be/drCh-X8F1VM

[income investor] 22/7/2022 07:36

Many thanks for posting the webinar. I have held CTY for all of Job Curtis's 31 years as manager. It has been a good steady Eddie that let's you sleep at night. It doesn't have the excitement of Scottish Mortgage but it is very reliable and a good conservative income equity fund which continued to grow its dividends through the Global Financial Crisis and the COVID pandemic!

[mirandaj] 21/7/2022 19:09

Job Curtis
July update webinar

https://m.youtube.com/watch?v=OHL7rv4lnVc&feature=emb_imp_woyt