TwentyFour Income (LON:TFIF – Get Free Report)’s share price hit a new 52-week high on Tuesday . The company traded as high as GBX 113.40 ($1.43) and last traded at GBX 111.40 ($1.40), with a volume of 993195 shares changing hands. The stock had previously closed at GBX 112 ($1.41).
TwentyFour Income Stock Performance
The firm’s 50-day moving average is GBX 108.78 and its two-hundred day moving average is GBX 106.42. The stock has a market cap of £830.86 million and a P/E ratio of 0.96.
TwentyFour Income Announces Dividend
The company also recently declared a dividend, which was paid on Monday, February 3rd. Investors of record on Thursday, January 16th were issued a GBX 2 ($0.03) dividend. This represents a yield of 1.84%. The ex-dividend date of this dividend was Thursday, January 16th. TwentyFour Income’s dividend payout ratio is 8.63%.
About TwentyFour Income
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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