City of London Investment Trust (CTY) became the first investment trust to achieve 50 years of consecutive dividend growth earlier this year, and its trust's long-term performance remains strong. Over three and five years it has outperformed the FTSE All-Share index and the average return for UK equity income trusts. The trust delivered a share price return of 28 per cent and 82 per cent over three and five years, respectively, compared with 23 per cent and 65 per cent for the FTSE All-Share over those periods.
To continue reading, register today
to enjoy limited access to the following:
- Daily trading news
- Funds coverage
- Features on big investment themes
- Comprehensive companies coverage
- Economic analysis