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

TwentyFour Select Monthly Income Fund Limited (LON:SMIF) announced a dividend on Thursday, July 11th, Upcoming.Co.Uk reports. Investors of record on Thursday, July 18th will be paid a dividend of GBX 0.50 ($0.01) per share on Friday, August 2nd. This represents a dividend yield of 0.59%. The ex-dividend date is Thursday, July 18th. The official announcement can be accessed at this link.

TwentyFour Select Monthly Income Fund Stock Performance

Shares of SMIF stock remained flat at GBX 84.20 ($1.08) during midday trading on Thursday. The company’s stock had a trading volume of 312,943 shares, compared to its average volume of 464,055. The stock has a 50-day simple moving average of GBX 83.63 and a 200 day simple moving average of GBX 82.01. The firm has a market capitalization of £205.67 million and a PE ratio of -1,052.50. TwentyFour Select Monthly Income Fund has a one year low of GBX 69.60 ($0.89) and a one year high of GBX 86 ($1.10).

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.