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CQS New City High Yield FundLSE:NCYF +0.19%35 Dividend Yield % is 8.62% as of Jul. 21, 2026, which is 2% above its 10-year median of 8.49. GuruFocus rates LSE:NCYF with a GF Score™ of 35/100 and a GF Value™ of £0.57 (Fairly Valued). The stock has 10 warning signs investors should review. Among 1,117 Asset Management companies, CQS New City High Yield Fund ranks better than 72.87% on this metric.
If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of CQS New City High Yield Fund Ltd is 1.29, which seems too high.
During the past 13 years, the highest Dividend Payout Ratio of CQS New City High Yield Fund was 11.00. The lowest was 0.47. And the median was 1.50.
During the past 10 years, the average Dividends Per Share Growth Rate was 0.40% per year.
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of CQS New City High Yield Fund was 5.10% per year. The lowest was 0.00% per year. And the median was 0.80% per year.
The growth rate is calculated with least square regression.
For more information regarding to dividend, please check our Dividend Page.
* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.
CQS New City High Yield Fund (LSE:NCYF) Dividend Yield % Explanation
Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.
Dividends may also qualify a lower tax rate for investors.
In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
CQS New City High Yield Fund Dividend Yield % Chart
LSE:NCYF vs BLK, BX, KKR: Dividend Yield % Comparison
For the Asset Management subindustry, CQS New City High Yield Fund's Dividend Yield %, along with its competitors' market caps and Dividend Yield % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
CQS New City High Yield Fund Dividend Yield % vs Asset Management Industry
For the Asset Management industry and Financial Services sector, CQS New City High Yield Fund's Dividend Yield % distribution charts can be found below:
* The bar in red indicates where CQS New City High Yield Fund's Dividend Yield % falls into.
CQS New City High Yield Fund Dividend Yield % Calculation
Dividend Yield measures how much a company pays out in dividends each year relative to its share price.
CQS New City High Yield Fund Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
GBP 0.010000
2026-04-30
2026-05-01
2026-05-29
Cash Dividend
quarterly
GBP:GBP 1.000000
GBP 0.010000
2026-01-22
2026-01-23
2026-02-27
Cash Dividend
quarterly
GBP:GBP 1.000000
GBP 0.010000
2025-10-23
2025-10-24
2025-11-28
Cash Dividend
quarterly
GBP:GBP 1.000000
GBP 0.015100
2025-07-31
2025-08-01
2025-08-29
Cash Dividend
quarterly
GBP:GBP 1.000000
* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
CQS New City High Yield Fund (LSE:NCYF) has a Dividend Yield % of 8.62% as of Jul. 21, 2026. Dividend yield is the ratio of company dividends to the share price. View historical data on CQS New City High Yield Fund and its competitors. This is near median its historical median of 8.49. Over the past decade, CQS New City High Yield Fund's Dividend Yield % has ranged from 6.96 to 12.33. According to the industry distribution chart, CQS New City High Yield Fund ranks #303 out of 1117 companies in the Asset Management industry, placing it in the top 27.1%.
Is CQS New City High Yield Fund's Dividend Yield % too high?
CQS New City High Yield Fund's current Dividend Yield % of 8.62% is near median its 10-year median of 8.49. Over the past 10 years, this metric has ranged from a low of 6.96 to a high of 12.33. The Asset Management industry median Dividend Yield % is 5.89. CQS New City High Yield Fund's value of 8.62% is 46.3% above this industry median. Based on the distribution chart, CQS New City High Yield Fund ranks #303 out of 1117 companies in the Asset Management industry, which is above the industry midpoint. Overall, CQS New City High Yield Fund has a GF Score™ of 35/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does CQS New City High Yield Fund's Dividend Yield % compare to BLK and BX?
According to the Asset Management industry distribution chart, CQS New City High Yield Fund ranks #303 out of 1117 companies for Dividend Yield %. This puts CQS New City High Yield Fund in the upper half of its industry. The industry median Dividend Yield % is 5.89. CQS New City High Yield Fund's value of 8.62% is 46.3% above this benchmark. Historically, CQS New City High Yield Fund's own Dividend Yield % has ranged from 6.96 to 12.33 over the past decade. While the company's 10-year median is 8.49 vs. the industry median of 5.89, CQS New City High Yield Fund has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Dividend Yield % for an Asset Management company?
The median Dividend Yield % among Asset Management companies is 5.89, based on 1,117 companies in the industry. Companies in the top quartile (top 25%) have a Dividend Yield % significantly above this median, while those in the bottom quartile fall well below. However, Dividend Yield % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. CQS New City High Yield Fund's current Dividend Yield % of 8.62% is 46.3% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Dividend Yield % mean?
A high Dividend Yield % can signal that a stock is expensive relative to its fundamentals. Dividend yield is the ratio of company dividends to the share price. View historical data on CQS New City High Yield Fund and its competitors. For the Asset Management industry, the median Dividend Yield % is 5.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CQS New City High Yield Fund's current Dividend Yield % is 8.62%, which is near median its own 10-year median of 8.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CQS New City High Yield Fund stock overvalued right now?
Based on GuruFocus' analysis, CQS New City High Yield Fund (LSE:NCYF) is currently considered Fairly Valued. The stock's GF Value™ is £0.57, compared to a current price of £0.52 — trading 8.2% below its estimated fair value. The current Dividend Yield % is 8.62%, which is near median its 10-year median of 8.49 and 46.3% above the Asset Management industry median of 5.89. CQS New City High Yield Fund's overall GF Score™ is 35/100 with 10 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Dividend Yield % calculated?
Dividend Yield % is calculated from a company's financial statements. For CQS New City High Yield Fund (LSE:NCYF), the current Dividend Yield % is 8.62% as of Jul. 21, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is CQS New City High Yield Fund (LSE:NCYF) Overvalued in 2026?
Based on GuruFocus' analysis, CQS New City High Yield Fund stock appears to be undervalued.
The current stock price of £0.52 is trading 8.2% below its estimated GF Value™ of £0.57.
GuruFocus considers CQS New City High Yield Fund to be Fairly Valued.
Key valuation signals for LSE:NCYF:
Dividend Yield %: 8.62% (near median its 10-year median of 8.49)
GF Value™: £0.57 vs. price of £0.52 (8.2% below fair value)
Industry Position: 46.3% above the Asset Management median (#303 of 1117)
No single metric tells the full story. See the LSE:NCYF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
CQS New City High Yield Fund Ltd is a Jersey-based closed-ended investment company that prominently invests in high-yield fixed income securities. Its portfolio includes preference shares, loan stocks, corporate bonds (convertible and redeemable), and government stocks. The company seeks to provide investors with a high gross dividend yield and potential capital growth. Investments are diversified across various sectors such as financials, energy, industrials, consumer discretionary, and real estate, with holdings majorly in the United Kingdom and Europe. Revenue is generated mainly from income on its investment portfolio.
35GF Score
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