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TwentyFour Income (LON:TFIF) Reaches New 1-Year High - Still a Buy?

TwentyFour Income logo with Financial Services background

TwentyFour Income (LON:TFIF - Get Free Report) reached a new 52-week high during trading on Friday . The company traded as high as GBX 110.60 ($1.37) and last traded at GBX 110.60 ($1.37), with a volume of 90232 shares trading hands. The stock had previously closed at GBX 109.60 ($1.36).

TwentyFour Income Price Performance

The firm's fifty day moving average is GBX 107.61 and its two-hundred day moving average is GBX 105.71. The firm has a market cap of £824.12 million and a price-to-earnings ratio of -3,673.33.

TwentyFour Income (LON:TFIF - Get Free Report) last posted its earnings results on Wednesday, November 20th. The company reported GBX 7.67 ($0.10) earnings per share for the quarter.

TwentyFour Income Dividend Announcement

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