TwentyFour Income (LON:TFIF) Sets New 52-Week High – Still a Buy?

TwentyFour Income (LON:TFIF) shares reached a new 52-week high during trading on Thursday . The stock traded as high as GBX 111.40 ($1.39) and last traded at GBX 110.80 ($1.38), with a volume of 2839205 shares. The stock had previously closed at GBX 110.60 ($1.38).

TwentyFour Income Stock Up 0.2 %

The stock has a market cap of £830.10 million and a PE ratio of -3,700.00. The company has a fifty day moving average price of GBX 107.76 and a 200 day moving average price of GBX 105.81.

TwentyFour Income (LON:TFIF) last released its quarterly earnings data on Wednesday, November 20th. The company reported GBX 7.67 ($0.10) EPS for the quarter.

TwentyFour Income Announces Dividend

The business also recently disclosed a dividend, which was paid on Monday, February 3rd. Stockholders of record on Thursday, January 16th were issued a GBX 2 ($0.02) dividend. The ex-dividend date of this dividend was Thursday, January 16th. This represents a dividend yield of 1.84%. TwentyFour Income’s dividend payout ratio is currently -33,333.33%.

TwentyFour Income Company Profile

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