Company summary
City of London Investment Trust is a UK equity-income investment trust managed by Janus Henderson. It invests mainly in established UK-listed companies and aims to provide both long-term capital growth and a rising income.
← Back to the 350
CTY
City of London Investment Trust
Investment Trusts
- Index
- FTSE 250
- ISIN
- Not specified
- Book status
- 2026 edition — current
Key activities
Investment in a diversified portfolio of UK equities, with an emphasis on established dividend-paying companies across financials, consumer goods, healthcare, energy, industrials and other sectors.
Key markets
Primarily the UK stock market, although many portfolio companies themselves earn substantial revenues internationally.
Key drivers
UK equity valuations, corporate earnings and dividends, stock selection, interest rates, sector allocation, sterling movements and the trust's ability to maintain its long record of dividend growth.
Key risks
Equity-market declines, dividend cuts by portfolio companies, stock-selection errors, concentration in income-producing sectors, gearing and movements in the trust's discount or premium to net asset value.
Recent Developments
9 July 2026: the Board raised the fourth interim dividend to 5.70p, taking the FY2026 total to 22.15p, up 4% year on year. That confirmed City of London's 60th consecutive annual dividend increase.
Dividend notes
Pays quarterly. FY2026 dividends were 5.40p ex 23 October 2025, 5.40p ex 22 January 2026, 5.65p ex 23 April and 5.70p ex 23 July, taking the annual total to 22.15p and extending the trust's record to 60 consecutive years of dividend increases.
The complete 350 Trade Book — 350 leading UK-listed companies, presented in one consistent working reference.