TwentyFour Select Monthly Income Fund Limited (LON:SMIF - Get Free Report) insider Simon Richard Class purchased 25,000 shares of the company's stock in a transaction on Thursday, April 3rd. The shares were purchased at an average cost of GBX 86 ($1.11) per share, with a total value of £21,500 ($27,734.78).
TwentyFour Select Monthly Income Fund Trading Down 1.9 %
Shares of LON:SMIF opened at GBX 84.80 ($1.09) on Friday. The company has a 50-day moving average price of GBX 86.73 and a 200-day moving average price of GBX 85.87. The company has a market cap of £232.57 million and a price-to-earnings ratio of -1,060.00. TwentyFour Select Monthly Income Fund Limited has a 12 month low of GBX 80 ($1.03) and a 12 month high of GBX 88.20 ($1.14).
TwentyFour Select Monthly Income Fund Announces Dividend
The firm also recently declared a dividend, which was paid on Friday, April 4th. Shareholders of record on Thursday, March 20th were given a dividend of GBX 0.50 ($0.01) per share. This represents a yield of 0.57%. The ex-dividend date of this dividend was Thursday, March 20th. TwentyFour Select Monthly Income Fund's payout ratio is -8,750.00%.
About TwentyFour Select Monthly Income Fund
(
Get Free Report)
TwentyFour Select Monthly Income Fund is a London listed closed-ended fund which is designed to take advantage of the premium returns available from “less liquid” instruments across the debt spectrum. These securities, do not offer enough liquidity for daily priced OEICs, but are well suited to a traded closed-ended vehicle, where investors can obtain liquidity via the exchange and the quarterly buyback facility that the fund offers.
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