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

CQS New City High Yield (LON:NCYF) insider Wendy Dorman purchased 38,600 shares of the business’s stock in a transaction dated Monday, March 3rd. The stock was bought at an average price of GBX 51 ($0.65) per share, for a total transaction of £19,686 ($25,017.16).

CQS New City High Yield Stock Down 0.6 %

Shares of NCYF stock traded down GBX 0.30 ($0.00) during mid-day trading on Tuesday, hitting GBX 51.20 ($0.65). 1,118,276 shares of the stock traded hands, compared to its average volume of 1,020,352. CQS New City High Yield has a 52-week low of GBX 49 ($0.62) and a 52-week high of GBX 54 ($0.69). The stock has a market cap of £300.91 million, a P/E ratio of 6.43 and a beta of 0.46. The company has a debt-to-equity ratio of 12.80, a current ratio of 0.33 and a quick ratio of 2.43. The stock’s fifty day moving average is GBX 51.84 and its two-hundred day moving average is GBX 51.79.

CQS New City High Yield (LON:NCYF) last released its quarterly earnings results on Wednesday, December 18th. The company reported GBX 4.50 ($0.06) earnings per share (EPS) 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 firm also recently declared a dividend, which was paid on Friday, February 21st. Shareholders of record on Thursday, January 23rd were issued a GBX 1 ($0.01) dividend. This represents a yield of 1.89%. The ex-dividend date was Thursday, January 23rd. CQS New City High Yield’s dividend payout ratio is presently 50.20%.

CQS New City High Yield Company Profile

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.