TwentyFour Income (LON:TFIF) Hits New 52-Week High – Time to Buy?

TwentyFour Income (LON:TFIFGet Free Report)’s share price reached a new 52-week high during mid-day trading on Tuesday . The stock traded as high as GBX 110 ($1.35) and last traded at GBX 108.97 ($1.33), with a volume of 323 shares traded. The stock had previously closed at GBX 108.40 ($1.33).

TwentyFour Income Stock Performance

The company has a market capitalization of £800.19 million and a price-to-earnings ratio of -3,566.67. The company has a 50-day moving average price of GBX 106.67 and a 200-day moving average price of GBX 105.42.

TwentyFour Income Dividend Announcement

The company also recently disclosed a dividend, which will be paid on Monday, February 3rd. Investors of record on Thursday, January 16th will be issued a dividend of GBX 2 ($0.02) per share. This represents a yield of 1.84%. The ex-dividend date of this dividend is Thursday, January 16th. TwentyFour Income’s dividend payout ratio is currently -33,333.33%.

About TwentyFour Income

(Get Free Report)

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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