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CT UK High Income Trust (LON:CHI) Posts Quarterly Earnings Results

CT UK High Income Trust (LON:CHI) Posts Quarterly  Earnings Results

CT UK High Income Trust (LON:CHI - Get Free Report) issued its earnings results on Friday. The company reported GBX 4.80 ($0.06) EPS for the quarter, Digital Look Earnings reports. CT UK High Income Trust had a net margin of 84.52% and a return on equity of 10.59%.

CT UK High Income Trust Stock Performance

LON CHI traded up GBX 1.50 ($0.02) during trading hours on Friday, hitting GBX 106 ($1.43). The company had a trading volume of 47,919 shares, compared to its average volume of 104,599. The company has a debt-to-equity ratio of 14.15, a quick ratio of 1.06 and a current ratio of 0.14. CT UK High Income Trust has a 1-year low of GBX 84 ($1.13) and a 1-year high of GBX 106 ($1.43). The company has a market cap of £88.32 million, a PE ratio of 1,060.00 and a beta of 0.75. The business has a 50 day moving average of GBX 100.08 and a 200-day moving average of GBX 97.41.

CT UK High Income Trust Increases Dividend

The company also recently announced a dividend, which was paid on Friday, May 2nd. Investors of record on Thursday, April 3rd were paid a dividend of GBX 1.74 ($0.02) per share. The ex-dividend date of this dividend was Thursday, April 3rd. This represents a dividend yield of 1.75%. This is an increase from CT UK High Income Trust's previous dividend of $1.35. CT UK High Income Trust's payout ratio is presently 5,000.00%.

CT UK High Income Trust Company Profile

(Get Free Report)

CT UK High Income Trust aims to provide shareholders with an attractive level of income alongside the potential for capital growth. The Trust invests predominantly in UK equities. Investment is focused on a portfolio of quality businesses that aim to deliver a high level of growing income over time alongside capital growth for shareholders. The trust has two classes of share – Ordinary shares and B shares – which pay the same level of quarterly cash distributions.

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