Dividend Declaration

RNS Number : 8031T

City Natural Res High Yield Tst PLC

23 July 2015

 



To:                   RNS

From:              City Natural Resources High Yield Trust plc

Date:               23 July 2015

CITY NATURAL RESOURCES HIGH YIELD TRUST PLC

("City Natural Resources" or "the Company")

·     Fourth interim dividend of 3.02p (2014: 3.02p) declared

·     Total dividend of 5.60p (2014: 5.60p) for the year

·     Total dividend up by 180% in ten years

City Natural Resources High Yield Trust plc announces a fourth interim dividend of 3.02 pence per share payable on 28 August 2015 to shareholders on the register on 31 July 2015, with an ex-dividend date of 30 July 2015. 

Financial Year             Total dividend              % increase

2004/05                       2.00p                           -

2005/06                       2.15p                           7.5%

2006/07                       2.35p                           9.3%

2007/08                       2.65p                           12.8%

2008/09                       3.07p                           15.8%

2009/10                       3.71p                           20.8%

2010/11                       4.22p                           13.7%

2011/12                       4.83p                           14.5%

2012/13                       5.50p                           13.9%

2013/14                       5.60p                           1.8%

2014/15                       5.60p                           -

For further information please contact:

Will Smith / Ian Francis                                                          

New City Investment Managers

0207 201 5387/5366

Martin Cassels

R&H Fund Services Limited

0131 524 6140

Note to Editors:

Winner of the best commodity fund at the Investors Chronicle Fund Awards 2012.

City Natural Resources High Yield Trust plc is managed by Will Smith and Ian Francis of New City Investment Managers.

The investment objective of the Company is to provide shareholders with capital growth and income predominantly from a portfolio of mining and resource equities and of mining, resource and industrial fixed interest securities.

If you would like to receive the monthly factsheet on City Natural Resources High Yield Trust plc or any of the other New City Investment Managers' funds please email: [e-mail]

Please see the below table for the Company's ordinary share total return and NAV total return performance over a ten year period:

	1 Month %	3 Months %	6 Months %	12 Months %	3 Years %	5 Years %	From 01/08/03 %
Company NAV	-6.21	-1.79	-1.82	-20.77	-45.34	-39.10	201.85
Share Price	-7.37	-9.01	-4.25	-24.56	-50.58	-41.55	141.15
Benchmark	-7.98	-7.02	-5.33	-14.52	-22.30	-24.20	157.10

Source: R&H Fund Services Limited.

Data correct as at 30 June 2015.

The Company's investment benchmark is 2/3 Euromoney Global Mining Index (sterling adjusted) and 1/3 Credit Suisse High Yield Index (sterling adjusted).

 

END

 

 

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