Share Name Share Symbol Market Type Share ISIN Share Description
Middlefield Canadian Inc Tst Inv Co LSE:MCT London Ordinary Share GB00B15PV034 RED PART PREF SHS NPV
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.375p +0.36% 104.875p 104.50p 105.25p 106.00p 104.50p 104.50p 140,698.00 16:35:27
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Equity Investment Instruments 4.7 3.7 3.0 35.2 113.12

Middlefield Canadian Share Discussion Threads

Showing 51 to 73 of 75 messages
Chat Pages: 3  2  1
DateSubjectAuthorDiscuss
26/4/2017
15:53
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.  
neilyb675
21/4/2017
16:04
The Board has considered the level of income generated in the first quarter of 2017 and the Investment Manager's view as to the sustainability of such level of income over the remainder of the Fund's current financial year (assuming that the Canadian dollar and US dollar exchange rates do not demonstrate a significant weakening relative to sterling over the period). Furthermore, to remain eligible for investment trust status under section 1158 of the Corporation Tax Act 2010 with respect to its tax status, in any accounting period the Fund may retain no more than 15 per cent. of its income. In light of such factors, the Board is proposing a small increase in the quarterly dividend payable, from 1.25p per share to 1.275p per share, equating to 5.1p per annum.  It is proposed that such increase will commence with the quarterly dividend payable in July 2017.
neilyb675
13/4/2017
21:35
As at the close of business on 12 April 2017 the estimated unaudited Net Asset Value per share was 119.29 pence (including accrued income).
neilyb675
13/4/2017
15:03
Today Questor in Telegraph recommends for income and narrowing discount. MMs can read!
bscuit
11/1/2017
17:10
Another nice lift at the close.
hastings
23/12/2016
12:55
Still trading at a wide discount
badtime
08/12/2016
16:51
Bid dropped from 103 at end of day
badtime
08/12/2016
16:22
NAV up share price up
badtime
04/12/2016
22:31
discount is growing as share price slips away yield is around 5%
ntv
01/11/2016
08:08
Dividend in, just waiting for DRIP
neilyb675
12/10/2016
15:10
114.48p NAV
badtime
05/10/2016
15:12
Sky...mail sent :)
badtime
05/10/2016
14:35
BT - glad to see you're still out there! Tried emailing you with some info, but bounced back. Perhaps you've changed your address. Email me if so and I'll resend...
skyship
04/10/2016
14:06
Very pleased with the run up on this having bought in at a decent level for income and continuing to look positive.
hastings
03/10/2016
17:06
As at the close of business on 30 September 2016 the estimated unaudited Net Asset Value per share was 109.44 pence (including accrued income).
neilyb675
31/8/2016
11:18
Latest NAV is 107p. So yielding over 5% with a discount of over 10%.
rcturner2
23/8/2016
19:59
Interesting Skyship. The TER at CGI is horrendous for what is a large tracker fund of the Canadian market. Not sure about the yield, I get 4 and a bit percent. 6% spread showing at HL. That discount has been quite high for a very long time. It doesn't give me a warm fuzzy feeling....
digger61
23/8/2016
17:52
Still far prefer CGI - higher yield and a 30% NAV discount...
skyship
23/8/2016
12:01
Where else can you buy a fund with Microsoft etc in it at a significant discount....
digger61
22/8/2016
22:15
Toying with adding
badtime
16/8/2016
14:36
Still a very a big discount to NAV
hastings
15/8/2016
15:20
Still good value on offer here.
digger61
24/7/2016
07:08
Yes The fact the fund is unhedged made me sit up and take notice.
digger61
Chat Pages: 3  2  1
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