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

TwentyFour Select Monthly Income Fund Limited (LON:SMIF) announced a dividend on Thursday, December 12th,Upcoming Dividends.Co.Uk reports. Stockholders of record on Thursday, December 19th will be given a dividend of GBX 0.50 ($0.01) per share on Friday, January 3rd. This represents a dividend yield of 0.59%. The ex-dividend date of this dividend is Thursday, December 19th. The official announcement can be accessed at this link.

TwentyFour Select Monthly Income Fund Trading Up 0.9 %

LON:SMIF opened at GBX 86.20 ($1.09) on Friday. The business’s fifty day moving average price is GBX 85.13 and its 200 day moving average price is GBX 84.60. The firm has a market capitalization of £210.55 million and a price-to-earnings ratio of -1,077.50. TwentyFour Select Monthly Income Fund has a 1-year low of GBX 76.60 ($0.97) and a 1-year high of GBX 88 ($1.11).

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.