TwentyFour Select Monthly Income (LON:SMIF) Declares Dividend of GBX 0.75

Posted by Doug Wharley on Apr 16th, 2024

TwentyFour Select Monthly Income (LON:SMIF – Get Free Report) declared a dividend on Thursday, April 11th, Upcoming.Co.Uk reports. Shareholders of record on Thursday, April 18th will be given a dividend of GBX 0.75 ($0.01) per share on Friday, May 3rd. This represents a yield of 0.91%. The ex-dividend date is Thursday, April 18th. This is a boost from TwentyFour Select Monthly Income’s previous dividend of $0.50. The official announcement can be seen at this link.

TwentyFour Select Monthly Income Trading Up 0.3 %

LON SMIF opened at GBX 83.24 ($1.04) on Tuesday. TwentyFour Select Monthly Income has a 52 week low of GBX 69.60 ($0.87) and a 52 week high of GBX 85.80 ($1.07). The stock has a market cap of £203.33 million and a price-to-earnings ratio of -1,037.50. The company has a 50-day moving average price of GBX 81.70 and a two-hundred day moving average price of GBX 78.44.

TwentyFour Select Monthly Income Company Profile

(Get Free Report)

TwentyFour Select Monthly Income Fund Limited is a closed-ended fixed income mutual fund launched by Numis Securities Ltd. The fund is managed by TwentyFour Asset Management LLP. It invests in fixed income markets of the United Kingdom. The fund primarily invests in less liquid instruments across the debt spectrum, including asset backed securities, bank capital, corporate loans, high yield bonds, and leveraged loans issued by a wide variety of issuers.