City Natural Resources High Yield Trust (LON:CYN) shares reached a new 52-week low on Tuesday . The company traded as low as GBX 94 ($1.23) and last traded at GBX 96.80 ($1.26), with a volume of 200770 shares changing hands. The stock had previously closed at GBX 99 ($1.29).
The company also recently disclosed a dividend, which will be paid on Friday, November 30th. Shareholders of record on Thursday, October 25th will be issued a GBX 1.26 ($0.02) dividend. The ex-dividend date of this dividend is Thursday, October 25th. This represents a yield of 1.25%.
City Natural Resources High Yield Trust Company Profile (LON:CYN)
City Natural Resources High Yield Trust plc is a close ended balanced mutual fund launched and managed by CQS Asset Management Ltd. The fund invests in the public equity and fixed income markets across the globe. It invests in stocks of companies operating in the mining and resources sectors. For its fixed income portion, it primarily invests in mining, resource and industrial fixed interest securities such as preference shares, loan stocks and corporate bonds.
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