TwentyFour Select Monthly Income Fund Limited (LON:SMIF) Announces Dividend of GBX 0.50

TwentyFour Select Monthly Income Fund Limited (LON:SMIF) announced a dividend on Thursday, January 9th,Upcoming Dividends.Co.Uk reports. Shareholders of record on Thursday, January 16th will be given a dividend of GBX 0.50 ($0.01) per share on Friday, January 31st. This represents a yield of 0.58%. The ex-dividend date is Thursday, January 16th. The official announcement can be accessed at this link.

TwentyFour Select Monthly Income Fund Trading Up 0.2 %

TwentyFour Select Monthly Income Fund stock opened at GBX 86 ($1.05) on Tuesday. The firm has a market capitalization of £210.07 million and a P/E ratio of -1,075.01. The stock has a fifty day moving average price of GBX 85.51 and a 200 day moving average price of GBX 84.96. TwentyFour Select Monthly Income Fund has a 52 week low of GBX 77.37 ($0.95) and a 52 week high of GBX 88 ($1.08).

TwentyFour Select Monthly Income Fund Company Profile

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.