LON:SSIF

Secured Income Fund (SSIF) Share Price, News & Analysis

GBX 6
0.00 (0.00%)
(As of 08/3/2023)
Today's Range
4.60
6.15
50-Day Range
6
6
52-Week Range
3.50
16.50
Volume
243,091 shs
Average Volume
107,341 shs
Market Capitalization
£3.16 million
P/E Ratio
200.00
Dividend Yield
16.67%
Price Target
N/A
SSIF stock logo

About Secured Income Fund Stock (LON:SSIF)

SQN Secured Income Fund plc, formerly The SME Loan Fund PLC, is an investment company. The investment objective of the Company is to provide shareholders with attractive risk adjusted returns through investment, predominantly in a range of secured loans and other secured loan-based instruments originated through a variety of channels and diversified by way of asset class, geography and duration. It invests in a range of secured loan assets mainly through wholesale secured lending opportunities, secured trade and receivable finance and other collateralized lending opportunities. Loan assets include both direct loans as well as other instruments with loan-based investment characteristics, such as bonds, loan participations, syndicated loans, structured notes and collateralized obligations, and also include other types of investment, including equity or revenue- or profit linked instruments. Its investment manager is SQN Capital Management, LLC.

SSIF Stock Price History

SSIF Stock News Headlines

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A shocking leak has revealed tech giant Microsoft's plans to add crypto support to future products. If the plans in these leaked internal documents pan out, we could see prices skyrocket for Bitcoin, Ethereum, XRP and MORE… The coupling of gaming and cryptocurrency could absolutely transform digital finance as we know it in 2024.
Global Secured Options Portfolio
SHOCKING Crypto Leak…
A shocking leak has revealed tech giant Microsoft's plans to add crypto support to future products. If the plans in these leaked internal documents pan out, we could see prices skyrocket for Bitcoin, Ethereum, XRP and MORE… The coupling of gaming and cryptocurrency could absolutely transform digital finance as we know it in 2024.
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Industry, Sector and Symbol

Sector
N/A
Industry
N/A
Sub-Industry
N/A
CIK
N/A
Fax
N/A
Employees
N/A
Year Founded
N/A

Profitability

Net Income
£1.60 million
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
£1.25 million
Cash Flow
GBX 3.18 per share
Book Value
GBX 18 per share

Miscellaneous

Free Float
N/A
Market Cap
£3.16 million
Optionable
Not Optionable
Beta
0.23
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Key Executives

  • Mr. Geoffrey Richard Miller (Age 57)
    Chief Exec. Officer of GLI Asset Management Limited
  • Mr. Andrew Noel Whelan
    Exec. Officer of GLI Asset Management Limited
  • Mr. Marc Krombach
    Exec. Officer of GLI Asset Management Limited
  • Ms. Emma Stubbs (Age 43)
    Exec. Officer of GLI Asset Management Limited
  • Ms. Louise Beaumont
    Exec. Officer of GLI Asset Management Limited

SSIF Stock Analysis - Frequently Asked Questions

How have SSIF shares performed in 2024?

Secured Income Fund's stock was trading at GBX 6 at the beginning of 2024. Since then, SSIF shares have increased by 0.0% and is now trading at GBX 6.
View the best growth stocks for 2024 here
.

How often does Secured Income Fund pay dividends? What is the dividend yield for Secured Income Fund?

Secured Income Fund announced a dividend on Thursday, June 29th. Stockholders of record on Friday, July 7th will be given a dividend of GBX 6 per share on Monday, July 17th. This represents a yield of 60%. The ex-dividend date is Friday, July 7th. This is a positive change from the stock's previous dividend of GBX 3. The official announcement can be accessed at this link.
Read our dividend analysis for SSIF
.

Is Secured Income Fund a good dividend stock?

Secured Income Fund (LON:SSIF) pays an annual dividend of GBX 1 per share and currently has a dividend yield of 15.00%. SSIF has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 3,333.33%. Payout ratios above 75% are not desirable because they may not be sustainable.
Read our dividend analysis for SSIF.

What other stocks do shareholders of Secured Income Fund own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Secured Income Fund investors own include Tesla (TSLA), Block (SQ), Qudian (QD), PayPal (PYPL), NVIDIA (NVDA), Micron Technology (MU), Eaton Vance Tax-Managed Diversified Equity Income Fund (ETY), Cohen & Steers (CNS), Xtrackers California Municipal Bond ETF (CA) and Alibaba Group (BABA).

How do I buy shares of Secured Income Fund?

Shares of SSIF stock and other U.K. stocks can be purchased through online brokerage accounts that support trading on the London Stock Exchange (LSX). Some U.K. companies can be purchased through major U.S. brokerages in the form of American Depository Receipts (ADRs), which are placeholder equities held in a trust by a bank that represent shares of a foreign stock.
Compare Top Brokerages Here.

This page (LON:SSIF) was last updated on 4/23/2024 by MarketBeat.com Staff

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