City of London Investment Group (CLIG)

Sector:

Financials

Index:

FTSE Small Cap

544.00p
   
  • Change Today:
      2.00p
  • 52 Week High: 556.00p
  • 52 Week Low: 305.00p
  • Currency: UK Pounds
  • Shares Issued: 50.68m
  • Volume: 26,812
  • Market Cap: £275.69m
  • RiskGrade: 230

City of London Investment Group makes good first-half progress

By Josh White

Date: Monday 19 Feb 2018

LONDON (ShareCast) - (ShareCast News) - City of London Investment Group released its half-year results for the six months to 31 December on Monday, with funds under management reaching $5.3bn (£3.9bn) at period end, rising from $4.7bn at the beginning of the financial year.
The London-listed firm said funds under management as at 31 January were $5.8bn.

Revenues representing the group's management fees on funds under management were £17.1m, up from £15.4m a year earlier.

Profit before tax was £6.6m, rising from £5.8m, with the board confirming an increased interim dividend of 9p per share, up from 8p.

That would be payable on 16 March to shareholders on the register on 2 March.

Cash and cash equivalents at period end totalled £15.6m - a sizeable year-on-year increase from £10.5m.

"Notwithstanding the major gains witnessed in 2017 across global equity markets, the exceptional value we find in emerging market closed-end funds and holding companies gives us confidence that we continue to be well placed to deliver strong relative returns," commented chairman David Cardale on the firm's outlook.

"This, combined with the traction now achieved with our diversification products, justifies my confidence in anticipating a successful outcome for the full year."

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

CLIG Market Data

Currency UK Pounds
Share Price 544.00p
Change Today 2.00p
% Change 0.37 %
52 Week High 556.00p
52 Week Low 305.00p
Volume 26,812
Shares Issued 50.68m
Market Cap £275.69m
RiskGrade 230

CLIG Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
86.07% above the market average86.07% above the market average86.07% above the market average86.07% above the market average86.07% above the market average
79.69% above the sector average79.69% above the sector average79.69% above the sector average79.69% above the sector average79.69% above the sector average
Price Trend
53.55% above the market average53.55% above the market average53.55% above the market average53.55% above the market average53.55% above the market average
46.21% above the sector average46.21% above the sector average46.21% above the sector average46.21% above the sector average46.21% above the sector average
Income
91.45% above the market average91.45% above the market average91.45% above the market average91.45% above the market average91.45% above the market average
84.00% above the sector average84.00% above the sector average84.00% above the sector average84.00% above the sector average84.00% above the sector average
Growth
44.39% below the market average44.39% below the market average44.39% below the market average44.39% below the market average44.39% below the market average
71.9% below the sector average71.9% below the sector average71.9% below the sector average71.9% below the sector average71.9% below the sector average

CLIG Dividends

  Latest Previous
  Interim Final
Ex-Div 04-Mar-21 08-Oct-20
Paid 19-Mar-21 30-Oct-20
Amount 11.00p 20.00p

Trades for 16-Apr-2021

Time Volume / Share Price
16:33 6,410 @ 546.00p
16:35 8 @ 544.00p
14:57 8 @ 548.00p
14:34 382 @ 544.65p
14:30 48 @ 530.00p

CLIG Key Personnel

CEO Thomas W Griffith

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