TwentyFour Select Monthly Income Fund Limited (SMIF) to Issue Dividend of GBX 0.50 on April 4th

TwentyFour Select Monthly Income Fund Limited (LON:SMIF) announced a dividend on Thursday, March 13th, DividendData.Co.Uk reports. Shareholders of record on Thursday, March 20th will be paid a dividend of GBX 0.50 ($0.01) per share on Friday, April 4th. This represents a yield of 0.57%. The ex-dividend date is Thursday, March 20th. The official announcement can be viewed at this link.

TwentyFour Select Monthly Income Fund Stock Up 0.2 %

LON:SMIF traded up GBX 0.20 ($0.00) on Tuesday, reaching GBX 87.20 ($1.13). 665,852 shares of the company’s stock were exchanged, compared to its average volume of 666,730. The firm has a market capitalization of £239.15 million and a price-to-earnings ratio of -1,090.00. The business has a fifty day moving average of GBX 86.66 and a 200-day moving average of GBX 85.75. TwentyFour Select Monthly Income Fund has a 52-week low of GBX 80 ($1.04) and a 52-week high of GBX 88.20 ($1.15).

TwentyFour Select Monthly Income Fund (LON:SMIF) last released its earnings results on Friday, December 13th. The company reported GBX 16 ($0.21) earnings per share for the quarter.

About TwentyFour Select Monthly Income Fund

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.