CLIG’s interim results are ahead of its trading update, published on 20 January, as average FUM was higher than we had expected, enabling revenue, profit and cashflow to beat our expectations for the first half. Confident in our forecasts for the years to June 2025 and 2026, we maintain our expectation of a 33p full year dividend. CLIG, cum-11p interim DPS, is trading on a 9.3% yield.
