TwentyFour Income (LON:TFIF) Declares GBX 2 Dividend

TwentyFour Income (LON:TFIF) announced a dividend on Thursday, October 10th, Upcoming.Co.Uk reports. Shareholders of record on Thursday, October 17th will be given a dividend of GBX 2 ($0.03) per share on Friday, November 1st. This represents a yield of 1.87%. The ex-dividend date of this dividend is Thursday, October 17th. The official announcement can be accessed at this link.

TwentyFour Income Stock Performance

TFIF opened at GBX 107.20 ($1.40) on Friday. The company has a market capitalization of £801.68 million and a PE ratio of -3,573.33. The stock’s fifty day moving average is GBX 104.74 and its 200-day moving average is GBX 104.15. TwentyFour Income has a one year low of GBX 94.40 ($1.24) and a one year high of GBX 108.80 ($1.42).

Insider Buying and Selling

In other TwentyFour Income news, insider John Le Poidevin acquired 94,679 shares of TwentyFour Income stock in a transaction dated Friday, August 2nd. The stock was bought at an average price of GBX 105 ($1.37) per share, for a total transaction of £99,412.95 ($130,104.63). 0.09% of the stock is owned by corporate insiders.

About TwentyFour Income

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.