When CTY fell to 300p the dividend was 19p. The buying yield 6.3p, with the current dividend 20.6p a gentle increase, you will receive the buying yield as long as you own the Trust, assuming the dividend isn’t cut.
The current price 473p a running yield of 4.35%, the price including earned dividends but not re-invested back into CTY 566p.
With the benefit of good ole hindsight, if the dividends had been reinvested back into CTY the price would be 600p.
In a few short years you would have achieved the holy grail of investing in that you could take out your stake and invest it in another high yielder and receive income at zero, zilch risk from a share in your Snowball.
Everything crossed for another market crash ? If not given time the share could double again, you could even take the risk of re-investing the dividends from CTY back into the trust, especially if the price had fallen.
GL
Good Information
Regards, Unissula