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TwentyFour Income (LON:TFIF) Sets New 1-Year High - Time to Buy?

TwentyFour Income logo with Financial Services background

TwentyFour Income (LON:TFIF - Get Free Report)'s stock price hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as GBX 110 ($1.35) and last traded at GBX 108.97 ($1.33), with a volume of 323 shares trading hands. The stock had previously closed at GBX 108.40 ($1.33).

TwentyFour Income Stock Down 1.8 %

The company has a fifty day simple moving average of GBX 106.51 and a 200 day simple moving average of GBX 105.36. The firm has a market capitalization of £796.45 million and a P/E ratio of -3,550.00.

TwentyFour Income Dividend Announcement

The firm also recently announced a dividend, which will be paid on Monday, February 3rd. Shareholders of record on Thursday, January 16th will be paid a dividend of GBX 2 ($0.02) per share. The ex-dividend date of this dividend is Thursday, January 16th. This represents a yield of 1.84%. TwentyFour Income's dividend payout ratio is -33,333.33%.

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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