TwentyFour Income (LON:TFIF) Sets New 52-Week High – Here’s What Happened

TwentyFour Income (LON:TFIF)’s share price reached a new 52-week high during trading on Friday . The stock traded as high as GBX 110.60 ($1.38) and last traded at GBX 110.60 ($1.38), with a volume of 90232 shares traded. The stock had previously closed at GBX 109.60 ($1.36).

TwentyFour Income Stock Performance

The firm has a market cap of £826.15 million and a price-to-earnings ratio of -3,682.40. The business’s 50 day moving average price is GBX 107.47 and its 200 day moving average price is GBX 105.63.

TwentyFour Income (LON:TFIF) last announced its quarterly earnings results on Wednesday, November 20th. The company reported GBX 7.67 ($0.10) earnings per share (EPS) for the quarter.

TwentyFour Income Dividend Announcement

The firm also recently announced a dividend, which was paid on Monday, February 3rd. Stockholders of record on Thursday, January 16th were given a dividend of GBX 2 ($0.02) per share. This represents a dividend yield of 1.84%. The ex-dividend date was Thursday, January 16th. TwentyFour Income’s dividend payout ratio (DPR) is presently -33,333.33%.

TwentyFour Income Company Profile

TwentyFour Income Fund Limited is a London listed closed-ended fund which targets less liquid, higher yielding UK and European asset backed securities.