CQS New City High Yield (LON:NCYF) Insider Wendy Dorman Buys 38,600 Shares of Stock

CQS New City High Yield (LON:NCYF) insider Wendy Dorman acquired 38,600 shares of the firm’s stock in a transaction on Monday, March 3rd. The stock was purchased at an average price of GBX 51 ($0.65) per share, with a total value of £19,686 ($25,183.57).

CQS New City High Yield Trading Down 0.6 %

Shares of CQS New City High Yield stock opened at GBX 51.20 ($0.65) on Wednesday. The firm has a 50-day simple moving average of GBX 51.84 and a two-hundred day simple moving average of GBX 51.79. The company has a market cap of £300.91 million, a P/E ratio of 6.43 and a beta of 0.46. CQS New City High Yield has a fifty-two week low of GBX 49 ($0.63) and a fifty-two week high of GBX 54 ($0.69). The company has a debt-to-equity ratio of 12.80, a quick ratio of 2.43 and a current ratio of 0.33.

CQS New City High Yield (LON:NCYF) last issued its quarterly earnings data on Wednesday, December 18th. The company reported GBX 4.50 ($0.06) earnings per share for the quarter. CQS New City High Yield had a net margin of 88.30% and a return on equity of 16.49%.

CQS New City High Yield Dividend Announcement

The company also recently disclosed a dividend, which was paid on Friday, February 21st. Shareholders of record on Thursday, January 23rd were given a GBX 1 ($0.01) dividend. The ex-dividend date was Thursday, January 23rd. This represents a dividend yield of 1.89%. CQS New City High Yield’s dividend payout ratio (DPR) is currently 50.20%.

About CQS New City High Yield

CQS New City High Yield Fund Limited aims to provide investors with a high dividend yield and the potential for capital growth by investing in high-yielding, fixed interest securities. These include, but are not limited to, preference shares, loan stocks, corporate bonds (convertible and/or redeemable) and government stocks.