The Board of The City of London Investment Trust announces that -
A first interim dividend of 5.05p per ordinary share of 25p will be paid on 30 November 2023 to holders registered at the close of business on 27 October 2023.
The Company's shares will go ex-dividend on 26 October 2023.
https://www.londonstockexchange.com/news-article/CTY/dividend-declaration/16115609
Usually, the first two CTY quarterly dividends are static, with Q3 and Q4 slightly increased on the previous two quarters, but even if we conservatively estimate this 5.05p Q1 dividend remaining static throughout all four quarters, then a potential full-year dividend of 20.2p set against a current CTY share price of around 392p would give a forward CTY yield of around 5.15%, with a chance of an improvement on that if the Q3 and Q4 dividends follow previous yearly trends of slight increases.
Previous quarterly CTY dividend details here, showing the above trends - https://www.dividenddata.co.uk/ex-dividend-date-search.py?searchTerm=cty
Snapshot here showing CTY's dividend history over the past 23 years -
![Image](https://i.imgur.com/gyrociq.png)
Source - https://www.dividenddata.co.uk/dividend-history.py?epic=CTY
Cheers,
Itsallaguess