Shares of TwentyFour Income (LON:TFIF – Get Free Report) crossed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of GBX 108.98 ($1.39) and traded as high as GBX 110.40 ($1.41). TwentyFour Income shares last traded at GBX 109.60 ($1.40), with a volume of 1,840,369 shares trading hands.
TwentyFour Income Stock Up 0.3 %
The company has a market cap of £822.78 million and a PE ratio of 0.95. The firm has a 50 day simple moving average of GBX 108.98 and a 200-day simple moving average of GBX 106.60.
TwentyFour Income Dividend Announcement
The company also recently disclosed a dividend, which was paid on Monday, February 3rd. Stockholders of record on Thursday, January 16th were given a GBX 2 ($0.03) dividend. This represents a dividend yield of 1.84%. The ex-dividend date of this dividend was Thursday, January 16th. TwentyFour Income’s payout ratio is currently 8.63%.
About TwentyFour Income
TwentyFour Income Fund Limited is a London listed closed-ended fund which targets less liquid, higher yielding UK and European asset backed securities.
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