TwentyFour Select Monthly Income (LON:SMIF) Hits New 1-Year High at $84.33

TwentyFour Select Monthly Income (LON:SMIF - Get Free Report) shares reached a new 52-week high on Tuesday . The stock traded as high as GBX 84.33 ($1.06) and last traded at GBX 83.93 ($1.05), with a volume of 587082 shares traded. The stock had previously closed at GBX 83.10 ($1.04).

TwentyFour Select Monthly Income Trading Up 0.1 %

The company has a fifty day moving average of GBX 81.26 and a two-hundred day moving average of GBX 77.98. The stock has a market capitalization of £203.22 million and a price-to-earnings ratio of -1,040.00.

TwentyFour Select Monthly Income Announces Dividend

The firm also recently declared a dividend, which will be paid on Friday, April 5th. Stockholders of record on Thursday, March 21st will be issued a dividend of GBX 0.50 ($0.01) per share. The ex-dividend date of this dividend is Thursday, March 21st. This represents a dividend yield of 0.61%. TwentyFour Select Monthly Income's dividend payout ratio (DPR) is presently -8,750.00%.

TwentyFour Select Monthly Income 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.