Information  X 
Enter a valid email address

City of London IT (CTY)

  Print      Mail a friend       Annual reports

Thursday 06 July, 2000

City of London IT

Dividend Notification Resolutions

City of London Investment Trust PLC
6 July 2000

                               
            THE CITY OF LONDON INVESTMENT TRUST PLC
                               
                     DIVIDEND RESOLUTIONS
                               

The board of The City of London Investment Trust plc announces:

a)   Dividend on the Ordinary Shares

     That a fourth interim dividend of 1.84p per Ordinary Share
     of 25p, in respect of the year ended 30 June 2000, will be
     paid  on 31 August 2000 to holders registered at the close
     of business on 21 July 2000.
     
The fourth interim dividend of 1.84p makes a total net dividend
on  the  ordinary shares of 7.18p for the year  ended  30  June
2000,  an increase of 3.5% over the total net dividend for  the
preceding year.
     
b)   Dividends on the Preference and Preferred Stocks

     That the dividends for the half year will be paid on 31
     August 2000 at:
     
     3.0% on £500,000 Cumulative First Preference Stock
     2.1% on £996,151 Non-Cumulative Second Preference Stock
     10.0% on £589,672 Non-Cumulative Preferred Ordinary Stock
     
     to holders registered at the close of business on 21 July
     2000.


For further information please contact:

Job Curtis                         or        Vicki Staveacre
Portfolio Manager                            Henderson Press Office
The City of London Investment Trust plc      Telephone: 020 7410 4222
Telephone: 020 7410 4367

Alex Crooke
Deputy Portfolio Manager
The City of London Investment Trust plc
Telephone: 020 7410 4447