TwentyFour Select Monthly Income (LON:SMIF)’s stock price traded up 0.2% during mid-day trading on Thursday . The company traded as high as GBX 90 ($1.18) and last traded at GBX 88.90 ($1.16). 52,842 shares changed hands during mid-day trading, a decline of 88% from the average session volume of 435,518 shares. The stock had previously closed at GBX 88.70 ($1.16).
The firm has a fifty day moving average of GBX 87.67 and a 200-day moving average of GBX 86.37.
The business also recently declared a dividend, which will be paid on Tuesday, January 5th. Shareholders of record on Thursday, December 17th will be given a dividend of GBX 0.50 ($0.01) per share. This represents a dividend yield of 0.57%. The ex-dividend date of this dividend is Thursday, December 17th.
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.
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