TwentyFour Select Monthly Income Fund Limited (SMIF) to Issue Dividend of GBX 0.50 on January 3rd

TwentyFour Select Monthly Income Fund Limited (LON:SMIF) declared a dividend on Thursday, December 12th,Upcoming Dividends.Co.Uk reports. Stockholders of record on Thursday, December 19th will be given a dividend of GBX 0.50 ($0.01) per share on Friday, January 3rd. This represents a dividend yield of 0.59%. The ex-dividend date of this dividend is Thursday, December 19th. The official announcement can be accessed at this link.

TwentyFour Select Monthly Income Fund Stock Performance

SMIF opened at GBX 86.09 ($1.09) on Tuesday. TwentyFour Select Monthly Income Fund has a 52-week low of GBX 76.60 ($0.97) and a 52-week high of GBX 88 ($1.12). The stock has a 50-day moving average of GBX 85.16 and a 200-day moving average of GBX 84.61. The company has a market cap of £210.29 million and a PE ratio of -1,082.50.

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.