# City of London Investment Group One of the most attractive dividend yielding stocks

- Link: https://www.directorstalkinterviews.com/city-london-investment-group-one-attractive-dividend-yielding-stocks/412727110
- Published: 2017-04-12T07:17:47+01:00
- Author: Giles Arbor

**City of London Investment Group Plc** (LON:CLIG) is the topic of conversation 
with Robin Savage, Research Director at Zeus Capital. Robin compares today’s interim
management statement for the 3 months to 31 March with his own expectations, explains
how operating profits of £1.5m a month translates to a full year, and given CLIG
shares at 385p are trading on under 10x next years’ earnings and on more than a 
6.2% dividend yield does this make CLIG shares attractive in Robins opinion.

City of London Investment Group PLC is a holding company. The Company operates through
asset management segment. The Company focuses on closed-end fund investments. The
Company offers developed, frontier and tactical asset allocation and private equity
closed-end fund strategies. Its Emerging Market closed-end fund provides long-term
capital growth through stock selection and active country allocation. Its Frontier
Markets Fund provides above average, long-term outperformance versus the appropriate
benchmark while maintaining a lower level of volatility than the benchmark. The 
Company’s clients include pension funds, foundations, endowments and other institutional
managers. The Company has over 150 institutional clients. The Company operates in
the United States, Canada and Europe. The Company’s principal operating subsidiary
is City of London Investment Management Company Limited, which acts as its investment
advisor and advises on approximately 50 accounts.

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