Insider Buying: City Merchants High Yield Trust Limited Ord (CMHY) Insider Purchases £9,936 in Stock

City Merchants High Yield Trust Limited Ord (LON:CMHY) insider Tim Scholefield acquired 5,400 shares of City Merchants High Yield Trust stock in a transaction on Monday, February 5th. The shares were purchased at an average price of GBX 184 ($2.54) per share, with a total value of £9,936 ($13,727.55).

Shares of City Merchants High Yield Trust Limited Ord (LON CMHY) traded up GBX 185.16 ($2.56) during midday trading on Monday, hitting GBX 187 ($2.58). 117,795 shares of the stock were exchanged, compared to its average volume of 111,878. City Merchants High Yield Trust Limited Ord has a 12-month low of GBX 176.70 ($2.44) and a 12-month high of GBX 201 ($2.78).

The business also recently announced a dividend, which will be paid on Friday, February 23rd. Stockholders of record on Thursday, January 25th will be given a dividend of GBX 2.50 ($0.03) per share. This represents a dividend yield of 1.27%. The ex-dividend date is Thursday, January 25th.

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