CQS New City High Yield Fund Limited (NCYF) to Issue Dividend of GBX 1 on May 31st

CQS New City High Yield Fund Limited (LON:NCYF) announced a dividend on Tuesday, April 23rd, Upcoming.Co.Uk reports. Stockholders of record on Thursday, May 2nd will be given a dividend of GBX 1 ($0.01) per share on Friday, May 31st. This represents a dividend yield of 1.9%. The ex-dividend date is Thursday, May 2nd. The official announcement can be accessed at this link.

CQS New City High Yield Fund Price Performance

Shares of CQS New City High Yield Fund stock opened at GBX 52.69 ($0.65) on Thursday. The company has a quick ratio of 2.43, a current ratio of 0.35 and a debt-to-equity ratio of 14.56. The company has a market cap of £277.31 million, a PE ratio of 5,268.80 and a beta of 0.48. The business has a 50 day moving average of GBX 51.09 and a 200 day moving average of GBX 49.96. CQS New City High Yield Fund has a 52 week low of GBX 43 ($0.53) and a 52 week high of GBX 53.40 ($0.66).

About CQS New City High Yield Fund

CQS New City High Yield Fund Limited is a close ended fixed income mutual fund launched by CQS Asset Management Ltd. The fund is managed by CQS (UK) LLP. It invests in fixed income markets. The fund primarily invests in fixed income securities such as corporate and government bonds, loan stocks, and high yielding bonds.