31st May 2018 12:05
LONDON (Alliance News) - City Natural Resources High Yield Trust PLC declared Thursday an additional third interim dividend of 0.40 pence per share.
In April, the investment company had announced a third interim dividend of 0.86p per share. The additional dividend payment of 0.40p per share is part of a rebalancing of the third and fourth dividends payments proposed by the company.
"In the chairman's statement in the interim accounts on 12 March 2018, the company said that it 'intends to rebalance the third and fourth dividend payments to 1.26p and 2.62p'," it noted.
City Natural Resources shares were trading down 0.1% at 121.12p each on Thursday.
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