City of London investment Group annnounce final dividend of 20p per share

DividendMax Ltd.

City of London investment Group annnounce final dividend of 20p per share

A final dividend of 20p per share is recommended, payable on 30th October 2020 to shareholders on the register on 9th October 2020, making a total for the year of 30p (2019: 40.5p including special dividend of 13.5p).

Other financial highlights include:

items and losses/(gains) on seed investments in REIT funds was £11.5 million (2019: £10.6 million).

Underlying basic earnings per share before exceptional items were 35.3p (2019: 34.9p). Basic earnings per share were 30.3p (2019: 34.9p) after an effective tax charge of 22% (2019: 21%) of pre-tax profits.

Companies mentioned