TwentyFour Income Fund Limited (LON:TFIF)’s share price rose 1.3% on Thursday . The company traded as high as GBX 115.50 ($1.51) and last traded at GBX 115 ($1.50). Approximately 419,714 shares traded hands during mid-day trading, a decline of 46% from the average daily volume of 779,038 shares. The stock had previously closed at GBX 113.50 ($1.48).
The stock’s 50-day moving average is GBX 113.27 and its two-hundred day moving average is GBX 110.83.
The business also recently announced a dividend, which was paid on Friday, November 5th. Stockholders of record on Thursday, October 21st were given a dividend of GBX 1.50 ($0.02) per share. This represents a dividend yield of 1.34%. The ex-dividend date of this dividend was Thursday, October 21st.
TwentyFour Income Fund Limited is a closed-ended fixed income mutual fund launched by Numis Securities Limited. The fund is managed by TwentyFour Asset Management LLP. It invests in the fixed income markets of Europe. The fund primarily invests in asset backed securities. It seeks to invest in securities across the maturity spectrum.
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