CT UK High Income Trust Plc (LON:CHIB) Declares Dividend of GBX 1.74

CT UK High Income Trust Plc (LON:CHIB) declared a dividend on Wednesday, March 26th, DividendData.Co.Uk reports. Stockholders 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 dividend 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 seen at this link.

CT UK High Income Trust Price Performance

CHIB opened at GBX 97.50 ($1.26) on Friday. The firm has a market capitalization of £29.70 million, a P/E ratio of 975.00 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). The company has a fifty day moving average price of GBX 94.79 and a 200-day moving average price of GBX 89.76.

About CT UK High Income Trust

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.