TwentyFour Income Fund Ltd (LON:TFIF) shares hit a new 52-week low on Thursday . The company traded as low as GBX 107.50 ($1.40) and last traded at GBX 108.50 ($1.42), with a volume of 273268 shares changing hands. The stock had previously closed at GBX 110 ($1.44).
The business’s fifty day moving average is GBX 109.28 and its two-hundred day moving average is GBX 102.07.
The business also recently disclosed a dividend, which will be paid on Thursday, October 31st. Investors of record on Thursday, October 17th will be issued a dividend of GBX 1.50 ($0.02) per share. The ex-dividend date of this dividend is Thursday, October 17th. This represents a yield of 1.38%.
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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