#London #United Kingdom #City of London #CLIG #Investment Group

City of London Investment Group Reports Strong Financial Performance for 2025

City of London Investment Group PLC (LSE: CLIG) has announced its final results for the year ending June 30, 2025, showcasing a robust financial performance that indicates continued growth and stability within the firm. The Group, known for its asset management services, reported significant increases in funds under management and net income, drawing the attention of investors and analysts alike.

Financial Highlights

As of June 30, 2025, the Group's funds under management reached an impressive $10.8 billion, marking a notable increase from $10.2 billion at the start of the financial year, which began on July 1, 2024. This growth trajectory is further emphasized by the estimated funds under management totaling $11.1 billion as of September 11, 2025, reflecting a 2.8% rise compared to the previous reporting period.

Net fee income for the year amounted to $69.8 million, an increase from $66.2 million in the prior year. The underlying profit before tax rose to $30.8 million, which is a substantial improvement compared to the $27.2 million reported in 2024. Without adjusting for certain factors, the profit before tax stood at $26.0 million against last year's $22.6 million.

Earnings per share showcased a similarly positive trend, with underlying basic earnings per share increasing from 33.5p in 2024 to 36.7p in 2025. The basic earnings per share also experienced growth, rising from 27.8p to 30.9p.

Dividend Declaration

The Board of Directors has recommended a final dividend of 22p per share, unchanged from the previous year, which will be paid on November 6, 2025. This brings the total dividend for the year to 33p, matching the amount distributed in the prior year. The rolling five-year dividend cover based on underlying profits calculates to 1.21 times, offering investors a sense of security and consistent returns.

Important dates concerning the dividend payment include the ex-dividend date on September 25, 2025, and the dividend record date on September 26, 2025.

Annual General Meeting

The Annual General Meeting (AGM) is scheduled to take place on October 27, 2025. Shareholders will receive the relevant documents, including the annual report and notice of the AGM, on September 22, 2025. This meeting will serve as a platform for shareholders to discuss the Group's strategic directions and future plans.

Investor Engagement

In a bid to engage with shareholders and potential investors, the company will host a live presentation detailing the fiscal year 2025 results on September 17, 2025. The session, available through Investor Meet Company, will include insights from key executives, including the Chairman, CFO, and heads of business development.

Conclusion

In conclusion, the City of London Investment Group stands resilient in a dynamic financial landscape, continuing to enhance its ownership stakes while delivering value to its shareholders. The ongoing growth in funds under management, paired with steady profitability and consistent dividend payouts, marks the Group as a key player in the asset management industry. Investors and analysts will be closely watching the outcomes of the upcoming AGM and the Group's strategic initiatives moving forward.