City of London’s (CTY) objective is to provide long-term growth in income and capital. The trust has the longest track record of providing annual dividend increases in the investment trust sector. The board has stated that it intends to continue to pay a progressive dividend, which if achieved in the current financial year will represent 55 consecutive years of growth. Job Curtis, CTY’s manager for 30 years, is a fundamental stock picker who prefers defensive companies which can deliver demonst ....
24 Feb 2021
City of London - Overview
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City of London - Overview
City of London Investment Trust PLC (CTY:LON) | 410 2.1 0.1% | Mkt Cap: 2,047m
- Published:
24 Feb 2021 -
Author:
William Heathcoat Amory -
Pages:
8
City of London’s (CTY) objective is to provide long-term growth in income and capital. The trust has the longest track record of providing annual dividend increases in the investment trust sector. The board has stated that it intends to continue to pay a progressive dividend, which if achieved in the current financial year will represent 55 consecutive years of growth. Job Curtis, CTY’s manager for 30 years, is a fundamental stock picker who prefers defensive companies which can deliver demonst ....