{
  "id": 15569317,
  "title": "CT UK Capital and Income Investment Trust changes name",
  "url": "https://urgent.news/2026/10/19/ct-uk-capital-and-income-investment-trust-changes-name",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-19T06:14:39.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/company-news/ct-uk-capital-and-income-investment-trust-changes-name-93CH-4956410"
  },
  "original_language": "en",
  "account": "CT UK Capital and Income Investment Trust has undergone a name change, effective October 16, 2026. The trust, now known as CT Progressive Income PLC, announced the rebranding in a press release. The Board of Directors approved the change, citing a desire to better reflect the company's dual focus on generating growing income for shareholders and delivering capital growth.\n\nThe company has a strong track record of increasing dividends annually since its inception in 1992, earning recognition as a Dividend Hero by the Association of Investment Companies. The Board intends to continue raising the total annual dividend per share each year, aiming for increases that outpace the UK Consumer Price Index inflation rate, measured on September 30 of each year.\n\nThe name change does not alter the trust's investment objectives or policy. It remains committed to seeking long-term capital and income growth from a portfolio of primarily UK-listed companies. Dominic Younger, from Columbia Threadneedle Investments, remains as Fund Manager. Nicky McCabe, Chair of the trust, highlighted the company's strong record of delivering rising dividends while also targeting capital growth over the past three decades.\n\nThe share trading name has changed to CTUK on the London Stock Exchange, with the ISIN (GB0003463287), SEDOL (0346328), and LEI (21380052ETTRKV2A6Y19) remaining unchanged. The company's website address will be updated to ctprogressiveincome.co.uk. Existing share certificates remain valid, and shareholders are not required to take any action.",
  "summary": null,
  "key_points": [
    "CT UK Capital and Income Investment Trust rebrands to CT Progressive Income PLC",
    "Board approves name change to reflect dual focus on income and capital growth",
    "Trust continues commitment to raising annual dividends above UK inflation"
  ],
  "editors_take": "Rebranding to reflect a dual focus on capital and income signals the trust's intent to market its long-standing track record of dividend growth to shareholders seeking inflation-beating returns.",
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}