
How CTY traded during the Covid market crash.

The worry was that companies would not be able to continue to pay their dividends at the same rate. You must remember that CTY has reserves for that scenario.
The yearly dividend before the crash was 19.0p and the yield 4.3%
The dividend after the crash 19.05p and the yield was 6.75%
The current dividend is 21.3p
To receive a yield of 5% the price would have to fall to around 400p.
The current price is 507p.

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