TwentyFour Income (LON:TFIF – Get Free Report) crossed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of GBX 105.38 ($1.34) and traded as high as GBX 107.80 ($1.37). TwentyFour Income shares last traded at GBX 106.80 ($1.35), with a volume of 1,083,948 shares traded.
TwentyFour Income Trading Down 0.1 %
The company’s 50 day simple moving average is GBX 105.38 and its 200 day simple moving average is GBX 104.61. The stock has a market capitalization of £797.71 million and a PE ratio of -3,560.00.
TwentyFour Income Announces Dividend
The firm also recently disclosed a dividend, which was paid on Friday, November 1st. Stockholders of record on Thursday, October 17th were given a GBX 2 ($0.03) dividend. This represents a dividend yield of 1.87%. The ex-dividend date of this dividend was Thursday, October 17th. TwentyFour Income’s dividend payout ratio is currently -33,333.33%.
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.
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