TwentyFour Select Monthly Income Fund Limited (LON:SMIF - Get Free Report)'s share price passed below its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of GBX 86.70 ($1.12) and traded as low as GBX 86 ($1.11). TwentyFour Select Monthly Income Fund shares last traded at GBX 86 ($1.11), with a volume of 614,868 shares trading hands.
TwentyFour Select Monthly Income Fund Stock Up 0.5 %
The firm has a market cap of £235.83 million and a price-to-earnings ratio of -1,074.88. The firm has a 50 day moving average of GBX 86.72 and a 200 day moving average of GBX 85.83.
TwentyFour Select Monthly Income Fund Announces Dividend
The business also recently disclosed a dividend, which will be paid on Friday, April 4th. Stockholders of record on Thursday, March 20th will be given a dividend of GBX 0.50 ($0.01) per share. This represents a dividend yield of 0.57%. The ex-dividend date of this dividend is Thursday, March 20th. TwentyFour Select Monthly Income Fund's dividend payout ratio (DPR) is -8,750.00%.
About TwentyFour Select Monthly Income Fund
(
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TwentyFour Select Monthly Income Fund is a London listed closed-ended fund which is designed to take advantage of the premium returns available from “less liquid” instruments across the debt spectrum. These securities, do not offer enough liquidity for daily priced OEICs, but are well suited to a traded closed-ended vehicle, where investors can obtain liquidity via the exchange and the quarterly buyback facility that the fund offers.
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