City Of London Investment Share Discussion Threads

[borisjohnsonshair] 25/10/2023 07:19

It'll drop on Ex Div

[coxsmn] 20/10/2023 19:20

Yes now trading below net asset value

[chc15] 20/10/2023 15:29

Added a few today, as it's ex div next week. Hoping for a little recovery.

[borisjohnsonshair] 13/10/2023 07:04

Where's the link to the report announced today? I can't find it on the Trustintellengece site

[chc15] 12/10/2023 18:58

indeed this has never approached mid 4, nevermind 5, no chance.

[borisjohnsonshair] 05/10/2023 11:30

Exactly my point - FTSE got lots of catching up with SP500 and other stuff.

[strategic trout] 05/10/2023 11:03

How can it be undervalued when it's trading at just over its net asset value (383 with debt at fair value)?

[borisjohnsonshair] 05/10/2023 07:26

Very undervalued. This could easily appreciate to 5 quid. Dividend cover is great and dividend increase in March should be impressive. Buying now should be rewarded if income reinvested.

[tim 3] 27/9/2023 15:31

Also like IT's am in MRCH.CTY are a solid trust with extremely reliable dividends.Negative is they have seen very little capital growth been hovering around £4 for several years and without capital growth 5% return is easily achieved in cash or bonds with less less risk.

[thamestrader] 27/9/2023 07:49

I have become a fan of ITs like this one over the last year or so, holding MRCH, CTY and LWDB.

Now that I have 12 months' performance to review. Annual returns sep22 to sep23, including dividends have been 22% for LWDB, and 12-13% for CTY and MRCH. But september 22 was a major dip, so probably not a fair reference point. However whichever way you slice it and dice it, LWDB is best of the three.

I have recently added EDIN and TMPL into the mix, so let's see how they get on.

[gateside] 31/8/2023 07:26

5.05p dividend paid today

[jong] 27/7/2023 10:01

XD today. 5.05p per share payable on Thursday 31 August.

[sharesoc] 02/7/2023 18:24

In case you missed our webinar with The City of London Investment Trust plc (CTY), the recording can be found on our YouTube channel:

[coxsmn] 01/6/2023 20:18

https://www.bloomberg.com/news/audio/2023-06-01/burnbrae-s-mellon-says-shell-bp-are-good-investments-podcast

[coxsmn] 01/6/2023 11:12

Thanks PeterBill0.37% is very reasonable.

[peterbill] 01/6/2023 09:33

Top holdingsData as at : 30/04/2023Investment % of total assetsShell PLC 4.0BAE Systems PLC 3.8British American Tobacco 3.7Diageo PLC 3.5Unilever PLC 3.4RELX PLC 3.3BP PLC 3.3AstraZeneca PLC 3.1HSBC Holdings PLC 3.0Imperial Brands PLC 2.8



Ongoing Charge - 0.37% (30/06/2022)

[coxsmn] 01/6/2023 06:04

How much is the management charge here?

[thanksamillion] 15/4/2023 10:18

free stock charts from www.advfn.com

[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?