CQS New City High Yield Fund Declares First 2027 Interim Dividend
CQS New City High Yield Fund Ltd (LSE:NCYF) declared its first interim dividend for 2027 of 1 penny per share, matching the payout distributed for the same period in 2026. The stock traded down 0.26% at 50.47 GBX following the announcement.
The fund targets high gross dividend yields alongside potential capital growth, primarily by investing in high-yielding fixed-interest investments. Co-managed by Ian Francis and Darren Toner of Manulife | CQS Investment Management, the fund has expanded its annual dividend payments every year since launching in 2007, offering an 8.95% dividend yield as of September 30, 2026.
Investors looking to qualify for the distribution must hold shares prior to the ex-dividend date on October 29, 2026. The record date is scheduled for October 30, 2026, and the payment will be made to eligible shareholders on November 27, 2026.
Key points
- CQS New City High Yield Fund declared a first 2027 interim dividend of 1 penny per share, equal to its 2026 payout.
- The ex-dividend date is October 29, 2026, with payment scheduled for November 27, 2026.
- The fund's dividend yield stood at 8.95% as of September 30, 2026.
- The fund has consistently increased its dividend payout level every year since its launch in 2007.
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What is the CQS New City High Yield Fund 2027 first interim dividend?
The board declared a first interim dividend of 1 penny per share for 2027, unchanged from the previous year.
When is the ex-dividend date for the CQS New City High Yield Fund dividend?
The ex-dividend date is October 29, 2026, with a record date of October 30, 2026, and payment on November 27, 2026.
What is the current dividend yield for CQS New City High Yield Fund?
As of September 30, 2026, the fund's dividend yield was 8.95%.