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TwentyFour Income (LON:TFIF) Reaches New 1-Year High - What's Next?

TwentyFour Income logo with Financial Services background

TwentyFour Income (LON:TFIF - Get Free Report)'s share price reached a new 52-week high during trading on Thursday . The stock traded as high as GBX 111.40 ($1.40) and last traded at GBX 110.80 ($1.39), with a volume of 2839205 shares trading hands. The stock had previously closed at GBX 110.60 ($1.39).

TwentyFour Income Stock Up 0.5 %

The stock has a 50 day moving average price of GBX 108.01 and a 200 day moving average price of GBX 105.98. The stock has a market capitalization of £835.36 million and a price-to-earnings ratio of 0.96.

TwentyFour Income (LON:TFIF - Get Free Report) last posted its earnings results on Wednesday, November 20th. The company reported GBX 7.67 ($0.10) EPS for the quarter. TwentyFour Income had a net margin of 1,552.21% and a return on equity of 103.44%.

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 paid a GBX 2 ($0.03) dividend. The ex-dividend date was Thursday, January 16th. This represents a dividend yield of 1.84%. TwentyFour Income's dividend payout ratio is 8.63%.

TwentyFour Income Company Profile

(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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