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. The fund employs fundamental analysis with both top-down and bottom-up security selection approaches, focusing on such factors as market technicals, sentiment, valuations, risk/stress analysis, pre-sale reports, investment banking research, historical information/reporting, manager evaluation, and site visits to create its portfolio. TwentyFour Income Fund Limited was formed on March 6, 2013 and is domiciled in Guernsey.
TwentyFour Income Fund Dividend Announcement
• TwentyFour Income Fund announced a quarterly dividend of £2.00 per ordinary share which will be made payable on 2024-11-01. Ex dividend date: 2024-10-17
• TwentyFour Income Fund annual dividend for 2024 was £9.96
• TwentyFour Income Fund annual dividend for 2023 was £10.21
• TwentyFour Income Fund's trailing twelve-month (TTM) dividend yield is 11.61%
• TwentyFour Income Fund's payout ratio for the trailing twelve months (TTM) is 5.19%
• TwentyFour Income Fund's dividend growth over the last five years (2018-2023) was 7.15% year
• TwentyFour Income Fund's dividend growth over the last ten years (2013-2023) was 15.11% year
TwentyFour Income Fund Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-10-17 | £2.00 | quarterly | 2024-11-01 |
2024-07-18 | £2.00 | quarterly | 2024-08-02 |
2024-04-18 | £3.96 | quarterly | |
2024-01-18 | £2.00 | quarterly | 2024-02-02 |
2023-10-19 | £2.00 | quarterly | 2023-11-03 |
2023-07-20 | £2.00 | quarterly | 2023-08-04 |
2023-04-20 | £4.46 | quarterly | 2023-05-03 |
2023-01-19 | £1.75 | quarterly | 2023-02-03 |
2022-10-20 | £1.75 | quarterly | 2022-11-04 |
2022-07-21 | £1.50 | quarterly | 2022-08-05 |
2022-04-21 | £2.27 | quarterly | 2022-05-06 |
2022-01-20 | £1.50 | quarterly | 2022-02-04 |
2021-10-21 | £1.50 | quarterly | 2021-11-05 |
2021-07-15 | £1.50 | quarterly | 2021-07-30 |
2021-04-22 | £1.91 | quarterly | 2021-05-07 |
2021-01-21 | £1.50 | quarterly | 2021-02-05 |
2020-10-15 | £1.50 | quarterly | 2020-10-30 |
2020-07-16 | £1.50 | quarterly | 2020-07-31 |
2020-04-16 | £1.90 | quarterly | 2020-04-30 |
2020-01-16 | £1.50 | quarterly | 2020-01-31 |
2019-10-17 | £1.50 | quarterly | 2019-10-31 |
2019-07-18 | £1.50 | quarterly | 2019-07-31 |
2019-04-18 | £1.95 | quarterly | 2019-04-30 |
2019-01-17 | £1.50 | quarterly | 2019-01-31 |
2018-10-18 | £1.50 | quarterly | 2018-10-31 |
2018-07-19 | £1.50 | quarterly | 2018-07-31 |
2018-04-19 | £2.73 | quarterly | 2018-04-30 |
2018-01-18 | £1.50 | quarterly | 2018-01-31 |
2017-10-19 | £1.50 | quarterly | 2017-10-31 |
2017-07-20 | £1.50 | quarterly | 2017-07-31 |
2017-04-20 | £2.49 | quarterly | 2017-04-28 |
2017-01-19 | £1.50 | quarterly | 2017-01-31 |
2016-10-20 | £1.50 | quarterly | 2016-10-31 |
2016-07-14 | £1.50 | quarterly | 2016-07-29 |
2016-03-03 | £2.64 | quarterly | 2016-04-29 |
2016-01-21 | £1.50 | quarterly | 2016-01-29 |
2015-10-15 | £1.50 | quarterly | 2015-10-30 |
2015-07-16 | £1.50 | quarterly | 2015-07-31 |
2015-04-16 | £2.15 | quarterly | 2015-04-30 |
2015-01-15 | £1.50 | quarterly | 2015-01-30 |
2014-10-16 | £1.50 | quarterly | 2014-10-31 |
2014-07-16 | £1.50 | quarterly | 2014-07-31 |
2014-04-16 | £2.63 | quarterly | 2014-04-30 |
2014-01-15 | £1.25 | quarterly | 2014-01-31 |
2013-10-09 | £1.25 | quarterly | 2013-10-25 |
2013-07-17 | £1.25 | quarterly | 2013-07-31 |
TwentyFour Income Fund Dividend per year
TwentyFour Income Fund Dividend growth
TwentyFour Income Fund Dividend Yield
TwentyFour Income Fund current trailing twelve-month (TTM) dividend yield is 11.61%. Interested in purchasing TwentyFour Income Fund stock? Use our calculator to estimate your expected dividend yield:
TwentyFour Income Fund Financial Ratios
TwentyFour Income Fund Dividend FAQ
Other factors to consider when evaluating TwentyFour Income Fund as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
1. Determination of Dividend: TwentyFour Income Fund's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, TwentyFour Income Fund publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, TwentyFour Income Fund distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from TwentyFour Income Fund are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: TwentyFour Income Fund sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, TwentyFour Income Fund distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: TwentyFour Income Fund declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of TwentyFour Income Fund's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review TwentyFour Income Fund's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.