Yesterday, the City of London Investment Trust paid out its Feb 2017 Dividend

4.05p a share.

https://www.henderson.com/ukpi/fund/169/the-city-of-london-investment-trust-plc

The yield is 3.9%

http://www.shareshop.hsbc.co.uk/shareshop/security.cgi?username=&ac=&csi=11465&record_search=1&search_phrase=cty

Now, the shares in issue are 336,484,868.

Thus:-

336,484,868 x 4.05p a share = £13,627,637.154

The dividend cost the trust, £13.6m in cash.