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

TwentyFour Select Monthly Income Fund Limited (LON:SMIF) declared a dividend on Thursday, November 14th,Upcoming Dividends.Co.Uk reports. Stockholders of record on Thursday, November 21st will be given a dividend of GBX 0.50 ($0.01) per share on Friday, December 6th. This represents a dividend yield of 0.59%. The ex-dividend date of this dividend is Thursday, November 21st. The official announcement can be accessed at this link.

TwentyFour Select Monthly Income Fund Stock Performance

LON:SMIF opened at GBX 85.40 ($1.10) on Friday. The company’s 50-day moving average price is GBX 85.11 and its 200-day moving average price is GBX 84.29. The company has a market cap of £208.60 million and a P/E ratio of -1,067.50. TwentyFour Select Monthly Income Fund has a twelve month low of GBX 72.20 ($0.93) and a twelve month high of GBX 88 ($1.13).

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.