TwentyFour Income (LON:TFIF) Plans Dividend of GBX 3.96

Posted by Trina Covell on Apr 17th, 2024

TwentyFour Income (LON:TFIF – Get Free Report) declared a dividend on Thursday, April 11th, Upcoming.Co.Uk reports. Investors of record on Thursday, April 18th will be paid a dividend of GBX 3.96 ($0.05) per share on Friday, May 3rd. This represents a yield of 3.76%. The ex-dividend date of this dividend is Thursday, April 18th. This is a boost from TwentyFour Income’s previous dividend of $2.00. The official announcement can be seen at this link.

TwentyFour Income Trading Up 0.2 %

Shares of TFIF opened at GBX 105.40 ($1.31) on Wednesday. The business’s 50-day moving average price is GBX 105.31 and its 200 day moving average price is GBX 102.75. The stock has a market capitalization of £788.22 million and a P/E ratio of -3,515.93. TwentyFour Income has a 1-year low of GBX 94.40 ($1.18) and a 1-year high of GBX 108.80 ($1.35).

Insider Buying and Selling at TwentyFour Income

In other TwentyFour Income news, insider Joanne Violet Monique Pereira Fintzen bought 47,722 shares of the stock in a transaction on Friday, April 5th. The shares were bought at an average price of GBX 104 ($1.29) per share, with a total value of £49,630.88 ($61,783.74). Company insiders own 0.09% of the company’s stock.

About TwentyFour Income

(Get Free Report)

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.