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TwentyFour Income (LON:TFIF) Trading 0.2% Higher - Here's Why

TwentyFour Income logo with Financial Services background

TwentyFour Income (LON:TFIF - Get Free Report) rose 0.2% on Monday . The company traded as high as GBX 107.80 ($1.37) and last traded at GBX 106.60 ($1.35). Approximately 1,634,520 shares changed hands during trading, an increase of 0% from the average daily volume of 1,627,015 shares. The stock had previously closed at GBX 106.40 ($1.35).

TwentyFour Income Price Performance

The stock has a market capitalization of £798.69 million and a price-to-earnings ratio of -3,560.00. The firm's fifty day moving average is GBX 105.13 and its 200-day moving average is GBX 104.37.

TwentyFour Income Dividend Announcement

The company also recently announced a dividend, which was paid on Friday, November 1st. Stockholders of record on Thursday, October 17th were given a GBX 2 ($0.03) dividend. The ex-dividend date of this dividend was Thursday, October 17th. This represents a dividend yield of 1.87%. TwentyFour Income's payout ratio is -33,333.33%.

TwentyFour Income Company Profile

(Get Free Report)

TwentyFour Income Fund Limited is a closed-ended fixed income mutual fund launched by Numis Securities Limited. The fund is managed by TwentyFour Asset Management LLP. It invests in the fixed income markets of Europe. The fund primarily invests in asset backed securities. It seeks to invest in securities across the maturity spectrum.

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