CT UK High Income Trust Plc (CHIB) to Issue Dividend of GBX 1.74 on May 2nd

CT UK High Income Trust Plc (LON:CHIB) declared a dividend on Wednesday, March 26th, DividendData.Co.Uk reports. Investors of record on Thursday, April 3rd will be paid a dividend of GBX 1.74 ($0.02) per share on Friday, May 2nd. This represents a dividend yield of 1.8%. The ex-dividend date is Thursday, April 3rd. This is a 28.9% increase from CT UK High Income Trust’s previous dividend of $1.35. The official announcement can be accessed at this link.

CT UK High Income Trust Trading Up 0.5 %

CHIB stock opened at GBX 97.50 ($1.26) on Tuesday. The stock has a market capitalization of £29.70 million, a price-to-earnings ratio of 975.00 and a beta of 0.75. The firm’s 50-day moving average price is GBX 94.97 and its two-hundred day moving average price is GBX 89.89. CT UK High Income Trust has a 12-month low of GBX 81 ($1.05) and a 12-month high of GBX 100 ($1.29).

CT UK High Income Trust Company Profile

CT UK High Income Trust PLC aims to provide shareholders with an attractive level of income together with the opportunity for Trust growth. The Trust invests predominantly in UK equities and equity-related securities of companies across the market capitalisation spectrum.

The trust has two classes of share – Ordinary shares and B shares – which pay the same level of quarterly cash distributions.