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

CT UK High Income Trust Plc (LON:CHI) announced a dividend on Wednesday, March 26th, DividendData.Co.Uk reports. Shareholders of record on Thursday, April 3rd will be paid a dividend of GBX 1.74 ($0.02) per share on Friday, May 2nd. This represents a yield of 1.75%. The ex-dividend date 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 viewed at this link.

CT UK High Income Trust Stock Up 2.0 %

Shares of CHI opened at GBX 101 ($1.30) on Tuesday. The company has a debt-to-equity ratio of 14.15, a quick ratio of 1.06 and a current ratio of 0.14. CT UK High Income Trust has a 52 week low of GBX 82 ($1.06) and a 52 week high of GBX 105 ($1.36). The stock has a market capitalization of £84.15 million, a price-to-earnings ratio of 1,010.00 and a beta of 0.75. The stock has a fifty day moving average of GBX 99.17 and a 200-day moving average of GBX 94.56.

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.