TwentyFour Select Monthly Income Fund Limited Declares Dividend of GBX 0.50 (LON:SMIF)

TwentyFour Select Monthly Income Fund Limited (LON:SMIF) declared a dividend on Thursday, December 12th,Upcoming Dividends.Co.Uk reports. Investors 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 yield of 0.59%. The ex-dividend date of this dividend is Thursday, December 19th. The official announcement can be seen at this link.

TwentyFour Select Monthly Income Fund Price Performance

LON SMIF opened at GBX 86.09 ($1.09) on Tuesday. The company’s fifty day moving average is GBX 85.16 and its two-hundred day moving average is GBX 84.61. The firm has a market capitalization of £210.29 million and a price-to-earnings ratio of -1,082.50. 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).

About TwentyFour Select Monthly Income Fund

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.