The City of London Investment Trust plc Share Price and Company Fundamentals



Price
$8
Change
0.000 (0.000%)
52 week
7.9 - 425.8

Last traded: Yesterday at 4:00 AM

The City of London Investment Trust plc is a closed-ended equity mutual fund launched and managed by Henderson Investment Funds Limited. It is co-managed by Henderson Global Investors Limited. The fund invests in the public equity markets of the United Kingdom. It seeks to invest in stocks of companies operating across diversified sectors. The fund primarily invests in dividend paying growth stocks of companies. It employs fundamental analysis with a focus on factors such as strong balance sheets, good cash flows, and significant upside potential to create its portfolio. The fund benchmarks the performance of its portfolio against the AIC UK Growth & Income sector's size weighted average. It was formerly known as TR City of London Trust PLC. The City of London Investment Trust plc was formed in 1860 and is domiciled in the United Kingdom.

Key Metrics

PE ratio

7.23

PB ratio

0.96

Dividend yield

3.94%

Beta

0.69

Market cap

-

Enterprise value

-

Company profile

Industry / Sector /
Website https://www.henderson.com/ukpa/fund/169/the-city-of-london-investment-trust-plc
Mailing address 201 Bishopsgate London EC2M 3AE United Kingdom
Phone / Fax 44 20 7818 1818 / 44 20 7818 1819

Dividends

Dividend yield

3.94%

Dividend amount

$0.31

Payout ratio

The City of London Investment Trust plc paid $0.31 dividend and the ex-dividend date was .The dividend payout ratio is . The dividend payout ratio is defined as the amout of dividend paid divided by the earnings of the company.

TCL's forward dividend amount is $ and the forward dividend yield is . A forward dividend yield is the percentage of a company's current stock price that it expects to pay out as dividends over a certain time period, generally 12 months. Forward dividend yields are generally used in circumstances where the yield is predictable based on past instances. If not, trailing yields, which indicate the same value over the previous 12 months, are used.

Company Executives

As of Dec 2022, following are the company executives and directors listed on The City of London Investment Trust plc.

Name Title Age Total Pay
Mr. Job Sebastian Curtis Fund Mang. 59
Mr. Ben Lofthouse C.F.A., CFA Portfolio Mang. 45
Ms. Laura Foll Portfolio Mang.
Mr. Alexander Arthur Crooke Fund Mang. 51
Mr. David Smith Portfolio Mang.

Profitability and management effectiveness

Profit margin

88.91%

Operating margin

94.09%

Return on assets

3.46%

Return on equity

5.63%

Profitability ratios are a class of financial metrics that are used to assess a business's ability to generate earnings relative to its revenue, operating costs, balance sheet assets, and shareholders' equity over time, using data from a specific point in time.

The return on equity signifies how well the management is running the company in terms of capital management. The ideal return on equity is greater than 10%. The return on equity is calculated as net income divided by total share holders equity.

Valuation and Trading Info

The market capitalization of The City of London Investment Trust plc is and its enterprise value is .

The TCL's stocks Beta value is 0.69 making it 31% less volatile compared to NZX market index. Technology stocks and small caps tend to have higher betas than the market benchmark. This indicates that adding the stock to a portfolio will increase the portfolio’s risk, but also increase its expected return. On the other hand utility stocks often have low betas because they tend to move more slowly than market averages.

The City of London Investment Trust plc (NZX:TCL) Frequently Asked Questions

1. What is The City of London Investment Trust plc's Stock Symbol?

The City of London Investment Trust plc trades on NZX under the ticker symbol "TCL".

2. What is The City of London Investment Trust plc's stock price today?

One share of TCL stock can currently be purchased for approximately $8.

3. How can I contact The City of London Investment Trust plc?

The City of London Investment Trust plc's mailing address is 201 Bishopsgate London EC2M 3AE United Kingdom. The company can be reached via phone at 44 20 7818 1818.

4. What is The City of London Investment Trust plc's official website?

The official website of The City of London Investment Trust plc is https://www.henderson.com/ukpa/fund/169/the-city-of-london-investment-trust-plc.