Dividend Declaration

RNS Number : 5030U

City Natural Res High Yield Tst PLC

18 January 2017

 

To:                   RNS

From:              City Natural Resources High Yield Trust plc

LEI:                  549300ES8CNIK2CQR054

Date:               18 January 2017

City Natural Resources High Yield Trust plc

("the Company")

Second Interim Dividend

City Natural Resources High Yield Trust plc (ticker symbol CYN) announces a second interim dividend of 0.86 pence per share (2016: 0.86 pence per share) payable on 28 February 2017 to shareholders on the register on 27 January 2017, having an ex-dividend date of 26 January 2017.

The 0.86 pence remains in line with the dividend paid in respect of the same period last year.

For further information please contact:

Craig Cleland                                                             

CQS (UK) LLP

0207 201 5368

Martin Cassels

R&H Fund Services Limited

0131 550 3760

Note to Editors:

City Natural Resources High Yield Trust plc is managed by Keith Watson, Rob Crayfourd 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 for the periods to 31 December 2016:

	1 Month %	3 Months %	6 Months %	12 Months %	3 Years %	5 Years %	From 01/08/03 %
Company NAV	+4.57	+4.96	+19.42	+61.35	+13.81	-42.06	+299.32
Share Price	+2.35	+8.13	+30.80	+60.41	+20.60	-41.67	+245.82
Benchmark	+1.62	+6.84	+18.84	+71.13	+19.32	-6.63	+248.89

Source: R&H Fund Services Limited.

Data correct as at 31 December 2016.

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

 

END

 

 

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