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

TwentyFour Select Monthly Income Fund Limited (LON:SMIF) declared a dividend on Thursday, September 12th, Upcoming.Co.Uk reports. Stockholders 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 dividend 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 TwentyFour Select Monthly Income Fund stock opened at GBX 84.80 ($1.11) on Friday. TwentyFour Select Monthly Income Fund has a 1 year low of GBX 70 ($0.92) and a 1 year high of GBX 88 ($1.15). The stock has a market cap of £207.13 million and a price-to-earnings ratio of -1,060.00. The firm’s 50-day moving average is GBX 84.36 and its two-hundred day moving average is GBX 83.37.

About TwentyFour Select Monthly Income Fund

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.