TwentyFour Select Monthly Income Fund Limited (SMIF) to Issue Dividend of GBX 0.50 on August 30th

TwentyFour Select Monthly Income Fund Limited (LON:SMIF) declared a dividend on Thursday, August 8th, Upcoming.Co.Uk reports. Investors of record on Thursday, August 15th will be paid a dividend of GBX 0.50 ($0.01) per share on Friday, August 30th. This represents a yield of 0.6%. The ex-dividend date is Thursday, August 15th. The official announcement can be accessed at this link.

TwentyFour Select Monthly Income Fund Price Performance

LON SMIF opened at GBX 84.28 ($1.08) on Tuesday. The business has a fifty day moving average price of GBX 84.02 and a two-hundred day moving average price of GBX 82.71. The stock has a market capitalization of £205.85 million and a PE ratio of -1,060.00. TwentyFour Select Monthly Income Fund has a fifty-two week low of GBX 70 ($0.89) and a fifty-two week 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.