TwentyFour Select Monthly Income (SMIF) To Go Ex-Dividend on May 16th

TwentyFour Select Monthly Income (LON:SMIF) announced a dividend on Wednesday, May 8th, Upcoming.Co.Uk reports. Investors of record on Thursday, May 16th will be paid a dividend of GBX 0.50 ($0.01) per share on Friday, May 31st. This represents a dividend yield of 0.61%. The ex-dividend date is Thursday, May 16th. The official announcement can be accessed at this link.

TwentyFour Select Monthly Income Stock Performance

Shares of SMIF stock opened at GBX 83.16 ($1.04) on Friday. The company has a market cap of £203.13 million and a P/E ratio of -1,037.49. TwentyFour Select Monthly Income has a fifty-two week low of GBX 69.60 ($0.87) and a fifty-two week high of GBX 85.80 ($1.08). The stock has a 50 day simple moving average of GBX 82.29 and a two-hundred day simple moving average of GBX 79.38.

About TwentyFour Select Monthly Income

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.