TwentyFour Select Monthly Income Fund Limited (LON:SMIF - Get Free Report) shares crossed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of GBX 85.44 ($1.13) and traded as low as GBX 84.40 ($1.12). TwentyFour Select Monthly Income Fund shares last traded at GBX 85.40 ($1.13), with a volume of 693,187 shares trading hands.
TwentyFour Select Monthly Income Fund Stock Performance
The stock has a market capitalization of £234.21 million and a P/E ratio of -1,067.50. The stock has a 50-day simple moving average of GBX 85.44 and a 200 day simple moving average of GBX 85.66.
TwentyFour Select Monthly Income Fund Announces Dividend
The company also recently declared a dividend, which was paid on Friday, April 4th. Shareholders of record on Thursday, March 20th were paid a GBX 0.50 ($0.01) dividend. This represents a dividend yield of 0.57%. The ex-dividend date of this dividend was Thursday, March 20th. TwentyFour Select Monthly Income Fund's dividend payout ratio is -8,750.00%.
Insider Transactions at TwentyFour Select Monthly Income Fund
In other TwentyFour Select Monthly Income Fund news, insider Simon Richard Class bought 25,000 shares of TwentyFour Select Monthly Income Fund stock in a transaction on Thursday, April 3rd. The shares were purchased at an average cost of GBX 86 ($1.14) per share, with a total value of £21,500 ($28,522.15). Company insiders own 0.12% of the company's stock.
About TwentyFour Select Monthly Income Fund
(
Get Free Report)
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.
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