TwentyFour Select Monthly Income Fund Limited (LON:SMIF - Get Free Report)'s share price passed below its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of GBX 85.88 ($1.14) and traded as low as GBX 83.37 ($1.11). TwentyFour Select Monthly Income Fund shares last traded at GBX 83.40 ($1.11), with a volume of 1,146,653 shares traded.
TwentyFour Select Monthly Income Fund Price Performance
The firm has a market capitalization of £229.83 million and a PE ratio of -1,047.50. The business's fifty day moving average price is GBX 85.73 and its 200 day moving average price is GBX 85.70.
TwentyFour Select Monthly Income Fund Dividend Announcement
The business also recently announced a dividend, which was paid on Friday, April 4th. Stockholders of record on Thursday, March 20th were issued a GBX 0.50 ($0.01) dividend. This represents a dividend yield of 0.57%. The ex-dividend date of this dividend was Thursday, March 20th. TwentyFour Select Monthly Income Fund's payout ratio is currently -8,750.00%.
Insider Transactions at TwentyFour Select Monthly Income Fund
In related news, insider Simon Richard Class purchased 25,000 shares of the stock in a transaction dated Thursday, April 3rd. The shares were acquired at an average cost of GBX 86 ($1.15) per share, with a total value of £21,500 ($28,628.50). Company insiders own 0.12% of the company's stock.
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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