CQS New City High Yield Fund declares fourth interim dividend

Published 22/07/2025, 13:06
CQS New City High Yield Fund declares fourth interim dividend

JERSEY - CQS New City High Yield Fund Limited announced Tuesday a fourth interim dividend of 1.51 pence per share, payable on August 29, 2025, to shareholders registered as of August 1, 2025. The ex-dividend date is set for July 31, 2025.

The latest dividend represents a slight increase from the 1.50 pence per share paid during the same period in 2024. With this fourth payment, the total dividend for the fiscal year ending June 30, 2025, amounts to 4.51 pence per share, compared to 4.50 pence for the previous year.

According to the press release statement, the fund has maintained a consistent record of increasing its annual dividend each year since its launch in Jersey in 2007.

CQS New City High Yield Fund focuses on providing high gross dividend yield and potential capital growth through investments primarily in high-yielding fixed interest securities. The fund is managed by Ian Francis of Manulife | CQS Investment Management.

The announcement comes as part of the company’s regular dividend distribution schedule, with the fund continuing its pattern of quarterly dividend payments to shareholders.

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