TwentyFour Select Monthly Income Fund Limited (SMIF) To Go Ex-Dividend on September 21st

TwentyFour Select Monthly Income Fund Limited (LON:SMIF) declared a dividend on Thursday, September 14th, Upcoming.Co.Uk reports. Shareholders of record on Thursday, September 21st will be paid a dividend of GBX 0.50 ($0.01) per share on Friday, October 6th. This represents a dividend yield of 0.68%. The ex-dividend date of this dividend is Thursday, September 21st. The official announcement can be viewed at this link.

TwentyFour Select Monthly Income Fund Stock Performance

TwentyFour Select Monthly Income Fund stock opened at GBX 75.39 ($0.93) on Tuesday. The company has a market capitalization of £184.16 million and a P/E ratio of -942.46. TwentyFour Select Monthly Income Fund has a fifty-two week low of GBX 64.15 ($0.79) and a fifty-two week high of GBX 80 ($0.99). The stock has a 50-day simple moving average of GBX 73.78 and a 200-day simple moving average of GBX 73.16.

Insiders Place Their Bets

In other TwentyFour Select Monthly Income Fund news, insider Sharon Parr bought 24,004 shares of the stock in a transaction dated Tuesday, August 8th. The shares were acquired at an average cost of GBX 75 ($0.93) per share, for a total transaction of £18,003 ($22,300.26). In other TwentyFour Select Monthly Income Fund news, insider Sharon Parr bought 24,004 shares of the firm’s stock in a transaction dated Tuesday, August 8th. The stock was acquired at an average price of GBX 75 ($0.93) per share, for a total transaction of £18,003 ($22,300.26). Also, insider Wendy Dorey purchased 15,000 shares of the company’s stock in a transaction that occurred on Thursday, July 20th. The stock was bought at an average price of GBX 71 ($0.88) per share, for a total transaction of £10,650 ($13,192.12). Insiders have bought a total of 65,254 shares of company stock valued at $4,729,050 over the last quarter. Company insiders own 0.12% of the company’s stock.

TwentyFour Select Monthly Income Fund Company Profile

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.