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TwentyFour Select Monthly Income Fund Limited is a closed-ended fixed income mutual fund launched by Numis Securities Ltd. The fund is managed by TwentyFour Asset Management LLP. It invests in fixed income markets of the United Kingdom. The fund primarily invests in “less liquid” instruments across the debt spectrum, including asset backed securities, bank capital, corporate loans, high yield bonds, and leveraged loans issued by a wide variety of issuers. It employs fundamental analysis with both top-down and bottom-up security selection approaches, focusing on such factors as economic fundamentals, market technicals, sentiment, valuations, and risk/stress analysis to create its portfolio. TwentyFour Select Monthly Income Fund Limited was formed on March 13, 2014 and is domiciled in Guernsey.

TwentyFour Select Monthly Income Fund Dividend Announcement

TwentyFour Select Monthly Income Fund announced a monthly dividend of £0.50 per ordinary share which will be made payable on 2024-10-04. Ex dividend date: 2024-09-19
TwentyFour Select Monthly Income Fund annual dividend for 2024 was £5.00
TwentyFour Select Monthly Income Fund annual dividend for 2023 was £7.37
TwentyFour Select Monthly Income Fund's trailing twelve-month (TTM) dividend yield is 9.26%
TwentyFour Select Monthly Income Fund's payout ratio for the trailing twelve months (TTM) is 51.21%
TwentyFour Select Monthly Income Fund's dividend growth over the last five years (2018-2023) was 2.39% year

TwentyFour Select Monthly Income Fund Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-09-19£0.50monthly2024-10-04
2024-08-15£0.50monthly2024-08-30
2024-07-18£0.75monthly2024-08-02
2024-06-20£0.50monthly2024-07-05
2024-05-16£0.50monthly2024-05-31
2024-04-18£0.75monthly
2024-03-21£0.50monthly
2024-02-15£0.50monthly
2024-01-18£0.50monthly2024-02-02
2023-12-21£0.50monthly2024-01-05
2023-11-16£0.50monthly2023-12-01
2023-10-19£1.87monthly2023-11-03
2023-09-21£0.50monthly2023-10-06
2023-08-17£0.50monthly2023-09-01
2023-07-20£0.50monthly2023-08-04
2023-06-15£0.50monthly2023-06-30
2023-05-18£0.50monthly2023-06-02
2023-04-20£0.50monthly2023-05-05
2023-03-16£0.50monthly2023-03-31
2023-02-16£0.50monthly2023-03-03
2023-01-19£0.50monthly2023-02-03
2022-12-15£0.50monthly2022-12-30
2022-11-17£0.50monthly2022-12-02
2022-10-20£0.89monthly2022-11-04
2022-09-15£0.50monthly2022-09-30
2022-08-18£0.50monthly2022-09-02
2022-07-14£0.50monthly2022-07-29
2022-06-16£0.50monthly2022-07-01
2022-05-19£0.50monthly2022-06-06
2022-04-14£0.50monthly2022-05-06
2022-03-17£0.50monthly2022-04-01
2022-02-17£0.50monthly2022-03-04
2022-01-20£0.50monthly2022-02-04
2021-12-16£0.50monthly2022-01-05
2021-11-18£0.50monthly2021-11-30
2021-10-14£1.02monthly2021-10-29
2021-09-16£0.50monthly2021-09-30
2021-08-12£0.50monthly2021-08-31
2021-07-15£0.50monthly2021-07-30
2021-06-17£0.50monthly2021-06-30
2021-05-20£0.50monthly2021-06-04
2021-04-15£0.50monthly2021-04-30
2021-03-18£0.50monthly2021-03-31
2021-02-18£0.50monthly2021-03-02
2021-01-14£0.50monthly2021-01-29
2020-12-17£0.50monthly2021-01-05
2020-11-12£0.50monthly2020-11-30
2020-10-15£0.64monthly2020-10-30
2020-09-17£0.50monthly2020-09-30
2020-08-13£0.50monthly2020-08-28
2020-07-16£0.50monthly2020-07-31
2020-06-18£0.50monthly2020-06-30
2020-05-21£0.50monthly2020-06-05
2020-04-23£0.50monthly2020-05-04
2020-03-19£0.50monthly2020-03-31
2020-02-13£0.50monthly2020-02-28
2020-01-16£0.50monthly2020-01-31
2019-12-19£0.50monthly2019-12-31
2019-11-14£0.50monthly2019-11-29
2019-10-17£0.84monthly2019-10-31
2019-09-19£0.50monthly2019-09-30
2019-08-15£0.50monthly2019-08-30
2019-07-18£0.50monthly2019-07-31
2019-06-20£0.50monthly2019-06-28
2019-05-16£0.50monthly2019-05-31
2019-04-18£0.50monthly2019-04-30
2019-03-14£0.50monthly2019-03-29
2019-02-14£0.50monthly2019-02-28
2019-01-17£0.50monthly2019-01-31
2018-12-13£0.50monthly2018-12-31
2018-11-15£0.50monthly2018-11-30
2018-10-18£1.05monthly2018-10-31
2018-09-20£0.50monthly2018-09-28
2018-08-16£0.50monthly2018-08-31
2018-07-19£0.50monthly2018-07-31
2018-06-21£0.50monthly2018-06-29
2018-05-17£0.50monthly2018-05-31
2018-04-19£0.50monthly2018-04-30
2018-03-15£0.50monthly2018-03-29
2018-02-15£0.50monthly2018-02-28
2018-01-18£0.50monthly2018-01-31
2017-12-14£0.50monthly2017-12-29
2017-11-16£0.50monthly2017-11-30
2017-10-19£1.06monthly2017-10-31
2017-09-21£0.50monthly2017-09-29
2017-08-17£0.50monthly2017-08-31
2017-07-20£0.50monthly2017-07-31
2017-06-15£0.50monthly2017-06-30
2017-05-18£0.50monthly2017-05-31
2017-04-20£0.50monthly2017-04-28
2017-03-16£0.50monthly2017-03-31
2017-02-16£0.50monthly2017-02-28
2017-01-19£0.50monthly2017-01-31
2016-12-15£0.50monthly2016-12-30
2016-11-17£0.50monthly2016-11-30
2016-10-20£1.35monthly2016-10-31
2016-09-15£0.50monthly2016-09-30
2016-08-18£0.50monthly2016-08-31
2016-07-21£0.50monthly2016-07-29
2016-06-16£0.50monthly2016-06-30
2016-05-19£0.50monthly2016-05-31
2016-04-21£0.50monthly2016-04-29
2016-03-17£0.50monthly2016-03-31
2016-02-18£0.50monthly2016-02-29
2016-01-21£0.50monthly2016-01-29
2015-12-17£0.50monthly2015-12-31
2015-11-19£0.50monthly2015-11-30
2015-10-15£1.03monthly2015-10-30
2015-09-17£0.50monthly2015-09-30
2015-08-20£0.50monthly2015-08-28
2015-07-16£0.50monthly2015-07-31
2015-06-18£0.50monthly2015-06-30
2015-05-21£0.50monthly2015-05-29
2015-04-16£0.50monthly2015-04-30
2015-03-19£0.50monthly2015-03-31
2015-02-19£0.50monthly2015-02-27
2015-01-15£0.50monthly2015-01-30
2014-12-18£0.50monthly2014-12-31
2014-11-13£0.50monthly2014-11-28
2014-10-16£1.58monthly2014-10-31
2014-09-17£0.50monthly2014-09-30
2014-08-13£0.50monthly2014-08-29
2014-07-16£0.50monthly2014-07-31

TwentyFour Select Monthly Income Fund Dividend per year

TwentyFour Select Monthly Income Fund Dividend growth

TwentyFour Select Monthly Income Fund Dividend Yield

TwentyFour Select Monthly Income Fund current trailing twelve-month (TTM) dividend yield is 9.26%. Interested in purchasing TwentyFour Select Monthly Income Fund stock? Use our calculator to estimate your expected dividend yield:

TwentyFour Select Monthly Income Fund Financial Ratios

P/E ratio7.46
PEG ratio-3.23
P/B ratio1.11
ROE16.18%
Payout ratio51.21%
Current ratio0.00
Quick ratio0.00
Cash Ratio0.00

TwentyFour Select Monthly Income Fund Dividend FAQ

How much is the next TwentyFour Select Monthly Income Fund dividend?
TwentyFour Select Monthly Income Fund's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next TwentyFour Select Monthly Income Fund dividend. The next TwentyFour Select Monthly Income Fund dividend will be released in January, February, March, April, May, June, July, August, September, October, November, or December.
When is TwentyFour Select Monthly Income Fund dividend paid?
TwentyFour Select Monthly Income Fund pays dividends on a monthly basis. The specific dates may vary each year but are generally around January, February, March, April, May, June, July, August, September, October, November, and December. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does TwentyFour Select Monthly Income Fund pay?
The specific amount of TwentyFour Select Monthly Income Fund dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find TwentyFour Select Monthly Income Fund's dividend history.
Does TwentyFour Select Monthly Income Fund stock pay dividends?
Yes, TwentyFour Select Monthly Income Fund does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find TwentyFour Select Monthly Income Fund's dividend history.
How much dividend does TwentyFour Select Monthly Income Fund pay?
TwentyFour Select Monthly Income Fund paid £5.0 in 2024, £7.37 in 2023, £6.39 in 2022, £6.523 in 2021, and £6.138 in 2020.
How often does TwentyFour Select Monthly Income Fund pay dividends?
TwentyFour Select Monthly Income Fund typically pays dividends on a monthly basis. This means that dividends are usually distributed 12 times a year. The specific payout dates may vary each year but generally fall around January, February, March, April, May, June, July, August, September, October, November, and December.
What is TwentyFour Select Monthly Income Fund's dividend yield?
The current dividend yield for TwentyFour Select Monthly Income Fund is 9.26%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate TwentyFour Select Monthly Income Fund's exact dividend yield.
When does TwentyFour Select Monthly Income Fund go ex dividend?
TwentyFour Select Monthly Income Fund's ex-dividend date for the latest dividend was on 2024-09-19. TwentyFour Select Monthly Income Fund typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next TwentyFour Select Monthly Income Fund dividend paid?
TwentyFour Select Monthly Income Fund pays dividends on a monthly basis, typically around January, February, March, April, May, June, July, August, September, October, November, or December, but the exact dates can vary each year.
Will TwentyFour Select Monthly Income Fund increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether TwentyFour Select Monthly Income Fund will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is TwentyFour Select Monthly Income Fund dividend per share?
TwentyFour Select Monthly Income Fund paid £5.0 per share in 2024 and £7.37 per share in 2023. The amount of dividend per share that TwentyFour Select Monthly Income Fund pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is TwentyFour Select Monthly Income Fund a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is TwentyFour Select Monthly Income Fund a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is TwentyFour Select Monthly Income Fund a dividend stock?
Yes, TwentyFour Select Monthly Income Fund is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is TwentyFour Select Monthly Income Fund a good dividend stock?
Whether TwentyFour Select Monthly Income Fund is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. TwentyFour Select Monthly Income Fund has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating TwentyFour Select Monthly 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.
Does TwentyFour Select Monthly Income Fund pay dividends monthly?
TwentyFour Select Monthly Income Fund typically pays dividends on a monthly basis.
Does TwentyFour Select Monthly Income Fund pay dividends quarterly?
TwentyFour Select Monthly Income Fund currently pays dividends on a monthly basis.
Has TwentyFour Select Monthly Income Fund ever paid a dividend?
Yes, TwentyFour Select Monthly Income Fund has a history of paying dividends to its shareholders. TwentyFour Select Monthly Income Fund is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy TwentyFour Select Monthly Income Fund dividend stocks?
To buy TwentyFour Select Monthly Income Fund you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.

Place an order: Use the brokerage's trading platform to place an order to buy TwentyFour Select Monthly Income Fund stock.

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.
When does TwentyFour Select Monthly Income Fund pay dividends 2024?
TwentyFour Select Monthly Income Fund pays dividends on a monthly basis. 2024 dividend payments are in 2024-10-04. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will TwentyFour Select Monthly Income Fund increase its dividend in 2024?
Decisions regarding TwentyFour Select Monthly Income Fund dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date TwentyFour Select Monthly Income Fund dividend overview you can look into the above table of dividend history.
How TwentyFour Select Monthly Income Fund dividend works?
The TwentyFour Select Monthly Income Fund dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how TwentyFour Select Monthly Income Fund's dividend process works:

1. Determination of Dividend: TwentyFour Select Monthly 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 Select Monthly 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 Select Monthly 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 Select Monthly 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.
How are TwentyFour Select Monthly Income Fund dividends paid?
TwentyFour Select Monthly Income Fund dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: TwentyFour Select Monthly 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 Select Monthly 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 Select Monthly 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.
How many times does TwentyFour Select Monthly Income Fund pay dividends?
TwentyFour Select Monthly Income Fund typically pays dividends on a monthly basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does TwentyFour Select Monthly Income Fund pay dividends?
The general pattern is that TwentyFour Select Monthly Income Fund pays dividends around January, February, March, April, May, June, July, August, September, October, November, and December. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is TwentyFour Select Monthly Income Fund dividend safe?
The safety of TwentyFour Select Monthly Income Fund's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.

To assess the safety of TwentyFour Select Monthly 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 Select Monthly 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.