TwentyFour Income (LON:TFIF - Get Free Report) hit a new 52-week low on Monday . The stock traded as low as GBX 97.47 ($1.29) and last traded at GBX 97.47 ($1.29), with a volume of 5354398 shares changing hands. The stock had previously closed at GBX 109.13 ($1.44).
TwentyFour Income Stock Up 1.4 %
The firm has a market cap of £845.84 million and a price-to-earnings ratio of 0.97. The stock has a 50 day moving average of GBX 110.82 and a 200 day moving average of GBX 107.86.
TwentyFour Income Increases Dividend
The firm also recently declared a special dividend, which will be paid on Tuesday, May 6th. Stockholders of record on Tuesday, April 22nd will be paid a GBX 5.07 ($0.07) dividend. This is a positive change from TwentyFour Income's previous special dividend of $2.00. The ex-dividend date is Thursday, April 17th. This represents a dividend yield of 10.3%. TwentyFour Income's dividend payout ratio (DPR) is presently 8.63%.
About TwentyFour Income
(
Get Free Report)
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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