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Twentyfour Income Fund

Current Price 122.43p Bid 122.00p Ask 123.50p Change 0.61%
Last Updated: 26/09/2018 10:06. Prices delayed by at least 15 minutes.
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Company Overview

TwentyFour Income Fund Limited is a London listed closed-ended fund which targets less liquid, higher yielding asset backed securities. These securities, whilst fundamentally robust, do not offer enough liquidity for daily priced OEICs, but are well suited to a traded closed-ended vehicle, where investors can obtain liquidity via the exchange. This part of the fixed income market has been largely overlooked in the recent liquidity driven market rally of 2012 and therefore currently represents attractive relative value. A large majority of the securities will also be floating rate, thereby offering investors upside to future rate rises.

Financial Highlights Year Ended 31/03/2018

Turnover
£0.00m
Operating Profit
£0.00m
Dividend Yield
0.00
Dividend Per Share
7.23
Dividend Cover
1.58
P/E Ratio
10.70

Key Personnel

Trevor Charles Ash
Non-Executive Chairman
Ian Michael Burns
Non-Executive Director
Richard Mark Burwood
Non-Executive Director
Jeanette Elaine Etherden
Non-Executive Director

Stock Details

EPIC
TFIF
ISIN
GG00B90J5Z95
Shares in Issue
395,814,151
Market cap
£482.89m

Analyst Views (0)

Strong Buy
 
0.00%
Buy
 
0.00%
Hold
 
0.00%
Sell
 
0.00%
Strong Sell
 
0.00%
The above information represents a selection of the views published in the last 120 days by analysts. It is subject to change without notice and doesn't reflect view held by Redmayne Bentley and is not advice.

Price Summary

Mid Price
122.75p
Bid Price
122.00p
Ask Price
123.50p
Volume
63330
Change Today
0.75p
% Change Today
0.61%
Open
122.43p
Previous Close
122.00p
Intraday High
122.43p
Intraday Low
122.08p
52 Week High
125.50p
52 Week Low
115.75p
52 week high and low figures quoted above are calculated from intraday price data.

Intra-Day Chart

Twentyfour Income Fund Intra-day Chart

Twentyfour Income Fund News

News in this section is provided by MoneyAM

Assets (£m)

Data has been provided by MoneyAM

Reporting Date
31 Mar 2018
31 Mar 2017
Tangible Assets
0.0
0.0
Intangible Assets & Goodwill
0.0
0.0
Investments & Other Non-Current Assets
457.3
429.4
Total Non-Current Assets
457.3
429.4
Inventory
0.0
0.0
Trade & Receivables
2.9
3.2
Cash & Receivables
11.6
24.6
Other Current Assets & Assets Held for Resale
6.7
10.3
Total Assets
478.5
467.4

Liabilities (£m)

Data has been provided by MoneyAM

Reporting Date
31 Mar 2018
31 Mar 2017
Short Term Liabilities
8.5
14.8
Long Term Liabilities
0.0
0.0
Other Liabilities / Pension etc
0.0
0.0
Total Liabilities
8.5
14.8

Net Assets (£m)

Data has been provided by MoneyAM

Reporting Date
31 Mar 2018
31 Mar 2017
Net Assets
470.0
452.6

Equity (£m)

Data has been provided by MoneyAM

Reporting Date
31 Mar 2018
31 Mar 2017
Share Capital
407.5
407.5
Minority Interests
0.0
0.0
Retained Earnings
62.5
45.1
Share Premium Account
0.0
0.0
Other Equity
0.0
0.0
Total Equity
470.0
452.6

Cashflow (£m)

Data has been provided by MoneyAM

Reporting Date
31 Mar 2018
31 Mar 2017
Cashflow from Operating Activities
14.7
-36.8
Cashflow Before Financing
14.7
-36.8
Increase / Decrease in Cash
-12.9
19.7

Income (£m)

Data has been provided by MoneyAM

Reporting Date
31 Mar 2018
31 Mar 2017
Turnover
0.0
0.0
Cost of Sales
0.0
0.0
Gross Profit
0.0
0.0
Operating Profit
0.0
0.0
Pre-Tax Profit
118.8
114.4
Profit / Loss for the Year
0.0
0.0

Dividend History

Data has been provided by MoneyAM

Period
Ex-Dividend Date
Payment Date
Q1 Dividend
19 Jul 2018
31 Jul 2018
H2 Dividend
19 Apr 2018
30 Apr 2018
Q3 Dividend
18 Jan 2018
31 Jan 2018
H1 Dividend
19 Oct 2017
31 Oct 2017
Q1 Dividend
20 Jul 2017
31 Jul 2017
H2 Dividend
20 Apr 2017
28 Apr 2017
Q3 Dividend
19 Jan 2017
31 Jan 2017
H1 Dividend
20 Oct 2016
31 Oct 2016
Q1 Dividend
14 Jul 2016
29 Jul 2016
H2 Dividend
03 Mar 2016
29 Apr 2016
Q3 Dividend
21 Jan 2016
29 Jan 2016
H1 Dividend
15 Oct 2015
30 Oct 2015
Q1 Dividend
16 Jul 2015
31 Jul 2015
H2 Dividend
16 Apr 2015
30 Apr 2015
Q3 Dividend
15 Jan 2015
30 Jan 2015
H1 Dividend
16 Oct 2014
31 Oct 2014
Q1 Dividend
16 Jul 2014
31 Jul 2014
H2 Dividend
16 Apr 2014
30 Apr 2014
Q3 Dividend
15 Jan 2014
31 Jan 2014
H1 Dividend
09 Oct 2013
25 Oct 2013
The value of your investments and the income from them may go down as well as up, and you could get back less than you invested.
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