CQS Natural Resources Growth and Income plc (LON:CYN) to Issue Dividend of GBX 10

CQS Natural Resources Growth and Income plc (LON:CYN) declared a dividend on Thursday, March 20th, Upcoming Dividends.Co.Uk reports. Shareholders of record on Thursday, March 27th will be given a dividend of GBX 10 ($0.13) per share on Wednesday, April 2nd. This represents a yield of 1.07%. The ex-dividend date of this dividend is Thursday, March 27th. This is a 693.7% increase from CQS Natural Resources Growth and Income’s previous dividend of $1.26. The official announcement can be viewed at this link.

CQS Natural Resources Growth and Income Price Performance

Shares of CYN opened at GBX 186.50 ($2.41) on Tuesday. CQS Natural Resources Growth and Income has a 1-year low of GBX 163.63 ($2.11) and a 1-year high of GBX 207 ($2.67). The stock has a market cap of £117.27 million, a price-to-earnings ratio of 13.25 and a beta of 1.00. The firm has a 50 day simple moving average of GBX 186.42 and a 200-day simple moving average of GBX 187.94.

Insider Activity at CQS Natural Resources Growth and Income

In other news, insider Louise Hall acquired 2,500 shares of CQS Natural Resources Growth and Income stock in a transaction that occurred on Thursday, February 6th. The shares were acquired at an average price of GBX 187 ($2.42) per share, with a total value of £4,675 ($6,040.83). Corporate insiders own 12.62% of the company’s stock.

CQS Natural Resources Growth and Income Company Profile

CQS Natural Resources Growth and Income Trust plc (LSE: CYN) actively invests in global energy and mining companies, with a focus on total return. It also pays a regular quarterly dividend. The flexible mandate allows the Company to shift its portfolio weighting between energy and mining, with the aim of maximising returns depending on the point in the cycle, whilst providing relative value opportunities.