TwentyFour Income (LON:TFIF – Get Rating) declared a dividend on Tuesday, April 12th, Upcoming.Co.Uk reports. Investors of record on Thursday, April 21st will be given a dividend of GBX 2.27 ($0.03) per share on Friday, May 6th. This represents a yield of 2.07%. The ex-dividend date is Thursday, April 21st. This is a boost from TwentyFour Income’s previous dividend of $1.50. The official announcement can be seen at this link.
TFIF stock traded up GBX 0.25 ($0.00) during midday trading on Tuesday, hitting GBX 109.75 ($1.43). 1,713,257 shares of the company traded hands, compared to its average volume of 1,168,876. TwentyFour Income has a twelve month low of GBX 104 ($1.36) and a twelve month high of GBX 117 ($1.52). The business has a 50 day simple moving average of GBX 110.91 and a 200-day simple moving average of GBX 112.98.
In other news, insider Richard Burwood bought 20,000 shares of TwentyFour Income stock in a transaction that occurred on Wednesday, March 30th. The stock was purchased at an average cost of GBX 107 ($1.39) per share, with a total value of £21,400 ($27,886.37).
About TwentyFour Income (Get Rating)
TwentyFour Income Fund Limited is a closed-ended fixed income mutual fund launched by Numis Securities Limited. The fund is managed by TwentyFour Asset Management LLP. It invests in the fixed income markets of Europe. The fund primarily invests in asset backed securities. It seeks to invest in securities across the maturity spectrum.
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