TwentyFour Income (LON:TFIF – Get Free Report)’s stock price passed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of GBX 105.52 ($1.32) and traded as high as GBX 108 ($1.35). TwentyFour Income shares last traded at GBX 108 ($1.35), with a volume of 508,648 shares trading hands.
TwentyFour Income Stock Performance
The business’s 50 day moving average is GBX 105.56 and its 200 day moving average is GBX 104.92. The stock has a market cap of £805.88 million and a price-to-earnings ratio of -3,592.03.
TwentyFour Income Announces Dividend
The firm also recently declared a dividend, which was paid on Friday, November 1st. Stockholders of record on Thursday, October 17th were issued a dividend of GBX 2 ($0.03) per share. The ex-dividend date was Thursday, October 17th. This represents a dividend yield of 1.87%. TwentyFour Income’s dividend payout ratio is -33,333.33%.
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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