City of London Investment Trust
Encyclopedia
City of London Investment Trust is a large British
investment trust
dedicated to investments in UK
equities. Established in 1891, the company is a constituent of the FTSE 250 Index
. The Chairman is Philip Remnant, and the manager Job Curtis.
It has raised its dividend for 45 years in a row, a UK record, something it does with the aid of a cash reserve designed to support the yield in times of recession.
It is part of Henderson Global Investors.
United Kingdom
The United Kingdom of Great Britain and Northern IrelandIn the United Kingdom and Dependencies, other languages have been officially recognised as legitimate autochthonous languages under the European Charter for Regional or Minority Languages...
investment trust
Investment trust
An Investment trust is a form of collective investment found mostly in the United Kingdom. Investment trusts are closed-end funds and are constituted as public limited companies....
dedicated to investments in UK
United Kingdom
The United Kingdom of Great Britain and Northern IrelandIn the United Kingdom and Dependencies, other languages have been officially recognised as legitimate autochthonous languages under the European Charter for Regional or Minority Languages...
equities. Established in 1891, the company is a constituent of the FTSE 250 Index
FTSE 250 Index
The FTSE 250 Index is a capitalisation-weighted index consisting of the 101st to the 350th largest companies on the London Stock Exchange. Promotions to and demotions from the index take place quarterly in March, June, September and December...
. The Chairman is Philip Remnant, and the manager Job Curtis.
It has raised its dividend for 45 years in a row, a UK record, something it does with the aid of a cash reserve designed to support the yield in times of recession.
It is part of Henderson Global Investors.