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Cqs New City High Yield Fund Ltd

Current Price 52.00p Bid 52.20p Ask 53.00p Change 0.00%
Last Updated: 19/04/2024 10:37. Prices delayed by at least 15 minutes.
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Company Overview

CQS New City High Yield Fund Limited is a Jersey-based investment company. The Company holds a variety of different investments in a range of issues located in different geographies and operating in different sectors. Its objective is to provide investors with a high gross dividend yield and the potential for capital growth by mainly investing in high-yielding fixed-interest securities. The Company invests predominantly in fixed-income securities, including, but not limited to, preference shares, loan stocks, corporate bonds (convertible and/or redeemable), and government stocks. The Company also invests in equities and other income-yielding securities. The Company's classification of investment portfolio by sector includes financials, energy, industrials, consumer discretionary, consumer staples, information technology, real estate and materials. CQS (UK) LLP (CQS) acts as the investment manager of the Company.

Financial Highlights Year Ended 30/06/2023

Revenue
£26.23m
Operating Profit/Loss
£-2.24m
Dividend yield (%)
9.50
Total dividend for year
n/ap
Dividend cover
1.00
P/E Ratio
10.50

Key Personnel

Ms Caroline Hitch
Chairman
Mr Ian Cadby
Independent Non-Executive Director
Mr Duncan Baxter
Non-Executive Director
Mr John Newlands
Non-Executive Director
Ms Wendy Dorman
Non-Executive Director

Stock Details

EPIC
NCYFL
ISIN
JE00B1LZS514
Shares in Issue
361.77m
Market cap
£188.12m

Analyst Views (0)

Strong Buy
 
0%
Buy
 
0%
Hold
 
0%
Sell
 
0%
Strong Sell
 
0%
This information is provided by Web Financial Group (UK) Limited. It is subject to change without notice and doesn't reflect the views held by Redmayne Bentley and is not advice.

Price Summary

Mid Price
52.00p
Bid Price
52.20p
Ask Price
53.00p
Volume
0
Change Today
0.00p
% Change Today
0.00%
Open
52.00p
Previous Close
52.00p
Intraday High
52.00p
Intraday Low
52.00p
52 Week High
52.60p
52 Week Low
43.40p
52 week high and low figures quoted above are calculated from intraday price data.

Intra-Day Chart

News

Income Statement

Year End Date
30 Jun 2023
30 Jun 2022
 
£ (M)
£ (M)
Continuing Operations
Revenue
26.23
22.36
Operating Profit/Loss
-2.24
20.00
Net Interest
-1.04
-0.46
Pre-Tax Profit
22.95
19.54
Profit After Tax from continuing operations
22.44
19.16
Discontinued Operations
Profit After Tax
n/a
n/a
Profit/Loss for the Year
22.44
19.16
Attributable to:
Equity Holders of Parent Company
22.44
19.16
Minority Interests
n/a
n/a
Total Dividend Paid
n/ap
n/ap
Retained Profit/(Loss) for the Financial Year
n/a
n/a

Earnings per Share

Year End Date
30 Jun 2023
30 Jun 2022
Basic
4.51p
4.16p
Diluted
4.51p
4.16p
Adjusted
4.51p
4.16p
Dividend per Share
n/ap
n/ap

Assets

Year End Date
30 Jun 2023
30 Jun 2022
 
£ (M)
£ (M)
Non-Current Assets
Property, Plant & Equipment
n/a
n/a
Intangible Assets
n/a
n/a
Investment Properties
n/a
n/a
Investments
n/a
n/a
Other Financial Assets
266.01
263.39
Other Non-Current Assets
n/a
n/a
Current Assets
Inventories
n/a
n/a
Trade & Other Receivables
7.01
3.82
Cash at Bank & In Hand
6.60
3.98
Current Asset Investments
n/a
n/a
Other Current Assets
n/a
n/a
Other Assets
n/a
n/a
Total Assets
279.62
271.20

Liabilities

Year End Date
30 Jun 2023
30 Jun 2022
 
£ (M)
£ (M)
Current Liabilities
Borrowings
35.00
n/a
Other Current Liabilities
4.19
3.21
Total Current Liabilities
39.19
3.21
Non-Current Liabilities
Borrowings
n/a
33.00
Provisions
n/a
n/a
Other Non-Current Liabilities
n/a
n/a
Total Non-Current Liabilities
n/a
33.00
Other Liabilities
n/a
n/a
Total Liabilities
39.19
36.21

Net Assets

Year End Date
30 Jun 2023
30 Jun 2022
 
£ (M)
£ (M)
Net Assets
240.43
234.99

Capital & Reserves

Year End Date
30 Jun 2023
30 Jun 2022
 
£ (M)
£ (M)
Share Capital
244.88
220.65
Share Premium Account
n/a
n/a
Other Reserves
-20.47
-1.23
Retained Earnings
16.02
15.56
Shareholders Funds
240.43
234.99
Minority Interests/Other Equity
n/a
n/a
Total Equity
240.43
234.99

Dividend History

Type
Ex-Dividend Date
Payment Date
Payment
2nd Interim
25 Jan 2024
28 Feb 2024
1.00p
1st Interim
26 Oct 2023
30 Nov 2023
1.00p
4th Interim
27 Jul 2023
31 Aug 2023
1.49p
3rd Interim
27 Apr 2023
26 May 2023
1.00p
2nd Interim
26 Jan 2023
28 Feb 2023
1.00p
1st Interim
27 Oct 2022
25 Nov 2022
1.00p
4th Interim
28 Jul 2022
26 Aug 2022
1.48p
3rd Interim
28 Apr 2022
27 May 2022
1.00p
2nd Interim
27 Jan 2022
25 Feb 2022
1.00p
1st Interim
28 Oct 2021
30 Nov 2021
1.00p
4th Interim
29 Jul 2021
31 Aug 2021
1.47p
3rd Interim
29 Apr 2021
28 May 2021
1.00p
2nd Interim
28 Jan 2021
26 Feb 2021
1.00p
1st Interim
22 Oct 2020
30 Nov 2020
1.00p
4th Interim
23 Jul 2020
28 Aug 2020
1.46p
3rd Interim
23 Apr 2020
29 May 2020
1.00p
2nd Interim
23 Jan 2020
28 Feb 2020
1.00p
1st Interim
24 Oct 2019
29 Nov 2019
1.00p
4th Interim
25 Jul 2019
30 Aug 2019
1.45p
3rd Interim
25 Apr 2019
31 May 2019
1.00p
2nd Interim
24 Jan 2019
28 Feb 2019
1.00p
1st Interim
25 Oct 2018
30 Nov 2018
1.00p
4th Interim
26 Jul 2018
31 Aug 2018
1.45p
3rd Interim
26 Apr 2018
31 May 2018
0.99p
2nd Interim
25 Jan 2018
28 Feb 2018
0.99p
1st Interim
26 Oct 2017
30 Nov 2017
0.99p
4th Interim
27 Jul 2017
31 Aug 2017
1.45p
3rd Interim
27 Apr 2017
31 May 2017
0.98p
2nd Interim
26 Jan 2017
28 Feb 2017
0.98p
1st Interim
27 Oct 2016
30 Nov 2016
0.98p
4th Interim
28 Jul 2016
31 Aug 2016
1.45p
3rd Interim
28 Apr 2016
27 May 2016
0.97p
2nd Interim
28 Jan 2016
29 Feb 2016
0.97p
1st Interim
29 Oct 2015
27 Nov 2015
0.97p
4th Interim
30 Jul 2015
28 Aug 2015
1.45p
3rd Interim
30 Apr 2015
29 May 2015
0.96p
2nd Interim
29 Jan 2015
27 Feb 2015
0.96p
1st Interim
30 Oct 2014
28 Nov 2014
0.94p
Interim
30 Jul 2008
29 Aug 2008
1.02p
Interim
30 Jul 2008
29 Aug 2008
1.02p
Interim
30 Jul 2008
29 Aug 2008
1.02p
Interim
30 Jul 2008
29 Aug 2008
1.02p
Interim
30 Jul 2008
29 Aug 2008
1.02p

Dividend Metrics

Year End Date
30 Jun 2023
30 Jun 2022
Dividend growth
0.22%
9,806.85%
Dividend yield
9.50%
8.50%
Dividend cover
1.00
0.93


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