TwentyFour Select Monthly Income Fund Limited (LON:SMIF) to Issue GBX 0.50 Dividend

TwentyFour Select Monthly Income Fund Limited (LON:SMIF) declared a dividend on Thursday, November 14th,Upcoming Dividends.Co.Uk reports. Investors of record on Thursday, November 21st will be paid a dividend of GBX 0.50 ($0.01) per share on Friday, December 6th. This represents a dividend yield of 0.59%. The ex-dividend date of this dividend is Thursday, November 21st. The official announcement can be viewed at this link.

TwentyFour Select Monthly Income Fund Stock Performance

Shares of SMIF stock opened at GBX 85.40 ($1.10) on Friday. The stock has a market capitalization of £208.60 million and a P/E ratio of -1,067.50. The company has a 50 day moving average price of GBX 85.11 and a 200 day moving average price of GBX 84.29. TwentyFour Select Monthly Income Fund has a fifty-two week low of GBX 72.20 ($0.93) and a fifty-two week high of GBX 88 ($1.13).

TwentyFour Select Monthly Income Fund Company Profile

TwentyFour Select Monthly Income Fund Limited is a closed-ended fixed income mutual fund launched by Numis Securities Ltd. The fund is managed by TwentyFour Asset Management LLP. It invests in fixed income markets of the United Kingdom. The fund primarily invests in less liquid instruments across the debt spectrum, including asset backed securities, bank capital, corporate loans, high yield bonds, and leveraged loans issued by a wide variety of issuers.