TwentyFour Select Monthly Income Fund Limited (LON:SMIF) Plans Dividend Increase – GBX 1.38 Per Share

TwentyFour Select Monthly Income Fund Limited (LON:SMIFGet Free Report) declared a dividend on Thursday, October 10th, Upcoming.Co.Uk reports. Stockholders of record on Thursday, October 17th will be paid a dividend of GBX 1.38 ($0.02) per share on Friday, November 1st. This represents a dividend yield of 1.64%. The ex-dividend date is Thursday, October 17th. This is an increase from TwentyFour Select Monthly Income Fund’s previous dividend of $0.50. The official announcement can be viewed at this link.

TwentyFour Select Monthly Income Fund Price Performance

SMIF opened at GBX 86.20 ($1.13) on Tuesday. The company has a market capitalization of £210.55 million and a price-to-earnings ratio of -1,071.41. TwentyFour Select Monthly Income Fund has a 1-year low of GBX 70 ($0.91) and a 1-year high of GBX 88 ($1.15). The business has a 50 day moving average price of GBX 84.77 and a two-hundred day moving average price of GBX 83.91.

About TwentyFour Select Monthly Income Fund

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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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Dividend History for TwentyFour Select Monthly Income Fund (LON:SMIF)

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