CT UK High Income Trust Plc (LON:CHIB) Raises Dividend to GBX 1.74 Per Share

CT UK High Income Trust Plc (LON:CHIBGet Free Report) declared a dividend on Wednesday, March 26th, DividendData.Co.Uk reports. Shareholders of record on Thursday, April 3rd will be given a dividend of GBX 1.74 ($0.02) per share on Friday, May 2nd. This represents a yield of 1.8%. The ex-dividend date of this dividend 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 Stock Up 1.4 %

CHIB traded up GBX 1.33 ($0.02) during trading on Wednesday, hitting GBX 97.83 ($1.27). The company had a trading volume of 48,469 shares, compared to its average volume of 21,284. The firm’s 50-day moving average price is GBX 94.52 and its 200 day moving average price is GBX 89.59. The company has a market capitalization of £29.80 million, a PE ratio of 978.25 and a beta of 0.75. CT UK High Income Trust has a one year low of GBX 81 ($1.05) and a one year high of GBX 100 ($1.29).

About CT UK High Income Trust

(Get Free Report)

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.

Recommended Stories

Dividend History for CT UK High Income Trust (LON:CHIB)

Receive News & Ratings for CT UK High Income Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CT UK High Income Trust and related companies with MarketBeat.com's FREE daily email newsletter.