CQS New City High Yield Announces Dividend of GBX 1 (LON:NCYF)

CQS New City High Yield (LON:NCYF) announced a dividend on Wednesday, October 16th, Upcoming.Co.Uk reports. Stockholders of record on Thursday, October 24th will be paid a dividend of GBX 1 ($0.01) per share on Friday, November 29th. This represents a dividend yield of 1.92%. The ex-dividend date of this dividend is Thursday, October 24th. The official announcement can be seen at this link.

CQS New City High Yield Stock Performance

Shares of NCYF stock opened at GBX 52.78 ($0.69) on Tuesday. The stock’s fifty day simple moving average is GBX 51.93 and its 200-day simple moving average is GBX 52.11. The company has a market capitalization of £286.26 million, a price-to-earnings ratio of 1,754.00 and a beta of 0.46. The company has a current ratio of 0.21, a quick ratio of 2.43 and a debt-to-equity ratio of 13.83. CQS New City High Yield has a 1-year low of GBX 46.40 ($0.60) and a 1-year high of GBX 54 ($0.70).

About CQS New City High Yield

CQS New City High Yield Fund Limited is a close ended fixed income mutual fund launched by CQS Asset Management Ltd. The fund is managed by CQS (UK) LLP. It invests in fixed income markets. The fund primarily invests in fixed income securities such as corporate and government bonds, loan stocks, and high yielding bonds.