Middlefield Canadian Income (MCT)

Business description

MCT’s objective is to provide a high level of sustainable dividends and long-term capital growth via investment primarily in Canadian and selected US equities. It is benchmarked against the S&P/TSX Composite High Dividend index in sterling terms and is a member of the FTSE All-Share index.

Stock data

Market cap.£108.6m
Last close102.00p
High / Low (52 weeks)109.8p / 74.5p
Stock market listingLN
Forecast net debt (m)N/A
Forecast gearing ratio (%)N/A
TeamInvestment Companies
SectorInvestment Companies

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Company news

Investment summary

Middlefield Canadian Income (MCT) invests in a broad selection of primarily Canadian and selected US equities, aiming to generate a high level of sustainable dividends and long-term capital growth. The fund is traded on the Main Market of the London Stock Exchange. MCT is benchmarked against the S&P/TSX Composite High Dividend index, but the managers are not constrained by its composition. The fund currently has significant exposure to the pipelines, power & utilities, real estate, financials and energy sectors. MCT pays a regular dividend of 1.25p per quarter; its current dividend yield is 5.4%.

Last updated on 04/10/2016

Latest research

Latest video

Executive Interview - Middlefield Canadian Income

Key management

Dean Orrico, Manager
Rob Lauzon, Manager

Company address

First Canadian Place, Toronto, Ontario, Canada
M5X 1A6
Canada
+1 416 362 0714
View website