City of London Investment Group PLC (LON:CLIG)‘s stock had its “hold” rating reissued by equities researchers at N+1 Singer in a research report issued to clients and investors on Wednesday.
Separately, Peel Hunt restated a “neutral” rating and issued a GBX 403 ($5.26) price target on shares of City of London Investment Group PLC in a research report on Monday, September 26th.
Shares of City of London Investment Group PLC (LON:CLIG) opened at 390.50 on Wednesday. The firm’s market capitalization is GBX 97.80 million. City of London Investment Group PLC has a 52 week low of GBX 265.00 and a 52 week high of GBX 407.00. The firm has a 50-day moving average of GBX 374.26 and a 200 day moving average of GBX 327.45.
The company also recently disclosed a dividend, which will be paid on Monday, October 31st. Stockholders of record on Thursday, October 13th will be given a dividend of GBX 16 ($0.21) per share. The ex-dividend date is Thursday, October 13th. This is a boost from City of London Investment Group PLC’s previous dividend of $8.00. This represents a dividend yield of 5.08%.
About City of London Investment Group PLC
City of London Investment Group PLC is a United Kingdom-based holding company. The Company is an asset management company, which focuses on closed-end fund investment. The Company’s objective is to provide above average, long-term outperformance versus the appropriate funds’ market benchmark. The Company offers developed, frontier and tactical asset allocation closed-end fund strategies, as well as products, which offer natural resources exposure directly through equities.
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