TwentyFour Select Monthly Income Fund Limited (SMIF) to Issue Dividend of GBX 0.50 on December 6th

TwentyFour Select Monthly Income Fund Limited (LON:SMIF) announced a dividend on Thursday, November 14th,Upcoming Dividends.Co.Uk reports. Shareholders of record on Thursday, November 21st will be paid a dividend of GBX 0.50 ($0.01) per share on Friday, December 6th. This represents a yield of 0.59%. The ex-dividend date is Thursday, November 21st. The official announcement can be seen at this link.

TwentyFour Select Monthly Income Fund Stock Down 0.5 %

Shares of SMIF opened at GBX 85 ($1.07) on Friday. TwentyFour Select Monthly Income Fund has a 52-week low of GBX 72.20 ($0.91) and a 52-week high of GBX 88 ($1.11). The stock has a 50 day moving average price of GBX 85.13 and a 200 day moving average price of GBX 84.31. The company has a market capitalization of £207.62 million and a price-to-earnings ratio of -1,062.50.

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.