TwentyFour Select Monthly Income Fund Limited (LON:SMIF) Plans GBX 0.50 Dividend

TwentyFour Select Monthly Income Fund Limited (LON:SMIF) announced a dividend on Thursday, September 12th, Upcoming.Co.Uk reports. Investors of record on Thursday, September 19th will be given a dividend of GBX 0.50 ($0.01) per share on Friday, October 4th. This represents a yield of 0.59%. The ex-dividend date is Thursday, September 19th. The official announcement can be seen at this link.

TwentyFour Select Monthly Income Fund Price Performance

Shares of LON SMIF opened at GBX 84.99 ($1.11) on Friday. The company has a 50-day simple moving average of GBX 84.34 and a 200-day simple moving average of GBX 83.36. The company has a market cap of £207.60 million and a PE ratio of -1,062.45. TwentyFour Select Monthly Income Fund has a 12 month low of GBX 70 ($0.92) and a 12 month high of GBX 88 ($1.15).

TwentyFour Select Monthly Income Fund Company Profile

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.