TwentyFour Income (LON:TFIF) Stock Passes Above 50-Day Moving Average – Here’s What Happened

TwentyFour Income (LON:TFIFGet Free Report) passed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of GBX 108.98 ($1.39) and traded as high as GBX 110.40 ($1.41). TwentyFour Income shares last traded at GBX 109.60 ($1.40), with a volume of 1,840,369 shares changing hands.

TwentyFour Income Price Performance

The firm has a market capitalization of £822.78 million and a price-to-earnings ratio of 0.95. The business has a fifty day moving average price of GBX 108.98 and a two-hundred day moving average price of GBX 106.60.

TwentyFour Income Dividend Announcement

The firm also recently disclosed a dividend, which was paid on Monday, February 3rd. Stockholders of record on Thursday, January 16th were issued a GBX 2 ($0.03) dividend. This represents a dividend yield of 1.84%. The ex-dividend date of this dividend was Thursday, January 16th. TwentyFour Income’s dividend payout ratio (DPR) is currently 8.63%.

About TwentyFour Income

(Get Free Report)

TwentyFour Income Fund Limited is a London listed closed-ended fund which targets less liquid, higher yielding UK and European asset backed securities.

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