TwentyFour Income (LON:TFIF – Get Free Report) reached a new 52-week high during trading on Tuesday . The company traded as high as GBX 113.40 ($1.43) and last traded at GBX 111.40 ($1.41), with a volume of 993195 shares trading hands. The stock had previously closed at GBX 112 ($1.41).
TwentyFour Income Stock Up 0.9 %
The firm has a 50 day moving average price of GBX 108.60 and a two-hundred day moving average price of GBX 106.32. The company has a market cap of £841.34 million and a price-to-earnings ratio of 0.97.
TwentyFour Income Announces Dividend
The company also recently declared a dividend, which was paid on Monday, February 3rd. Shareholders of record on Thursday, January 16th were issued a dividend of GBX 2 ($0.03) per share. The ex-dividend date of this dividend was Thursday, January 16th. This represents a yield of 1.84%. TwentyFour Income’s payout ratio is 8.63%.
About TwentyFour Income
TwentyFour Income Fund Limited is a London listed closed-ended fund which targets less liquid, higher yielding UK and European asset backed securities.
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