City of London’s (CTY) objective is to provide long-term growth in income and capital. CTY has the longest track record of providing annual dividend increases in the investment trust sector, which now has 54 consecutive years of growth since 1966. The COVID-19 crisis and market sell-off has left CTY underperforming the market over the short term. However stock selection remained positive in the financial year to 30/06/2020 – as it has been for eight out of the past ten financial years. Being gea ....
30 Sep 2020
City of London - Overview
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
City of London - Overview
City of London Investment Trust PLC (CTY:LON) | 410 2.1 0.1% | Mkt Cap: 2,047m
- Published:
30 Sep 2020 -
Author:
William Heathcoat Amory -
Pages:
9
City of London’s (CTY) objective is to provide long-term growth in income and capital. CTY has the longest track record of providing annual dividend increases in the investment trust sector, which now has 54 consecutive years of growth since 1966. The COVID-19 crisis and market sell-off has left CTY underperforming the market over the short term. However stock selection remained positive in the financial year to 30/06/2020 – as it has been for eight out of the past ten financial years. Being gea ....