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City of London Investment Group PLC (LON:CLIG) announced a dividend on Monday, January 20th, Stock Ratings Network reports. Stockholders of record on Wednesday, February 5th will be paid a dividend of GBX 8 ($0.13) per share on Friday, February 28th. This represents a dividend yield of 3.32%. The ex-dividend date is Wednesday, February 5th. The official announcement can be seen at this link.

Several analysts have recently commented on the stock. Analysts at Canaccord Genuity reiterated a “buy” rating on shares of City of London Investment Group PLC in a research note to investors on Monday. They now have a GBX 333 ($5.47) price target on the stock. On the ratings front, analysts at N+1 Singer reiterated a “hold” rating on shares of City of London Investment Group PLC in a research note to investors on Monday. They now have a GBX 220 ($3.61) price target on the stock. Finally, analysts at Nplus1 Brewin downgraded shares of City of London Investment Group PLC to a “hold” rating in a research note to investors on Thursday, December 12th. They now have a GBX 220 ($3.61) price target on the stock, down previously from GBX 260 ($4.27).

City of London Investment Group PLC (LON:CLIG) traded up 4.59% during mid-day trading on Monday, hitting GBX 245.52. 531,995 shares of the company’s stock traded hands. City of London Investment Group PLC has a one year low of GBX 212.25 and a one year high of GBX 304.413. The stock has a 50-day moving average of GBX 236.5 and a 200-day moving average of GBX 239.3. The company’s market cap is £61.6 million.

City of London Investment Group Plc is a holding company for a number of investment management subsidiaries.

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