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Twentyfour Select Monthly Income Fund Ltd

Current Price 83.00p Bid 81.60p Ask 108.00p Change 0.00%
Last Updated: 20/04/2024 05:24. Prices delayed by at least 15 minutes.
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Company Overview

TwentyFour Select Monthly Income Fund is a London listed closed-ended fund which is designed to take advantage of the premium returns available from "less liquid" instruments across the debt spectrum. These securities, 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 and the quarterly buyback facility that the fund offers.

Financial Highlights Year Ended 30/09/2020

Revenue
£13.29m
Operating Profit/Loss
£10.71m
Dividend yield (%)
7.40
Total dividend for year
6.1382p
Dividend cover
0.86
P/E Ratio
15.70

Key Personnel

Mr Ashley Paxton
Independent Non-Executive Director
Mr Sharon Parr
Independent Non-Executive Director
Mrs Wendy Dorey
Independent Non-Executive Director

Stock Details

EPIC
SMIFL
ISIN
GG00BJVDZ946
Shares in Issue
148.84m
Market cap
£123.53m

Analyst Views (0)

Strong Buy
 
0%
Buy
 
0%
Hold
 
0%
Sell
 
0%
Strong Sell
 
0%
This information is provided by Web Financial Group (UK) Limited. It is subject to change without notice and doesn't reflect the views held by Redmayne Bentley and is not advice.

Price Summary

Mid Price
83.00p
Bid Price
81.60p
Ask Price
108.00p
Volume
0
Change Today
0.00p
% Change Today
0.00%
Open
81.80p
Previous Close
83.00p
Intraday High
83.00p
Intraday Low
83.00p
52 Week High
83.80p
52 Week Low
70.00p
52 week high and low figures quoted above are calculated from intraday price data.

Intra-Day Chart

News

Income Statement

Year End Date
30 Sep 2020
30 Sep 2019
 
£ (M)
£ (M)
Continuing Operations
Revenue
13.29
12.31
Operating Profit/Loss
10.71
7.38
Net Interest
n/a
n/a
Pre-Tax Profit
10.71
7.38
Profit After Tax from continuing operations
10.71
7.38
Discontinued Operations
Profit After Tax
n/a
n/a
Profit/Loss for the Year
10.71
7.38
Attributable to:
Equity Holders of Parent Company
10.71
7.38
Minority Interests
n/a
n/a
Total Dividend Paid
6.1382p
6.3429p
Retained Profit/(Loss) for the Financial Year
n/a
n/a

Earnings per Share

Year End Date
30 Sep 2020
30 Sep 2019
Basic
5.30p
4.00p
Diluted
5.30p
4.00p
Adjusted
5.30p
4.00p
Dividend per Share
6.1382p
6.3429p

Assets

Year End Date
30 Sep 2020
30 Sep 2019
 
£ (M)
£ (M)
Non-Current Assets
Property, Plant & Equipment
n/a
n/a
Intangible Assets
n/a
n/a
Investment Properties
n/a
n/a
Investments
n/a
n/a
Other Financial Assets
n/a
n/a
Other Non-Current Assets
n/a
n/a
Current Assets
Inventories
n/a
n/a
Trade & Other Receivables
2.61
2.72
Cash at Bank & In Hand
11.69
7.20
Current Asset Investments
185.20
158.33
Other Current Assets
0.05
1.32
Other Assets
n/a
n/a
Total Assets
199.55
169.57

Liabilities

Year End Date
30 Sep 2020
30 Sep 2019
 
£ (M)
£ (M)
Current Liabilities
Borrowings
n/a
n/a
Other Current Liabilities
6.69
1.74
Total Current Liabilities
6.69
1.74
Non-Current Liabilities
Borrowings
n/a
n/a
Provisions
n/a
n/a
Other Non-Current Liabilities
n/a
n/a
Total Non-Current Liabilities
n/a
n/a
Other Liabilities
n/a
n/a
Total Liabilities
6.69
1.74

Net Assets

Year End Date
30 Sep 2020
30 Sep 2019
 
£ (M)
£ (M)
Net Assets
192.86
167.83

Capital & Reserves

Year End Date
30 Sep 2020
30 Sep 2019
 
£ (M)
£ (M)
Share Capital
207.00
180.00
Share Premium Account
n/a
n/a
Other Reserves
n/a
n/a
Retained Earnings
-14.00
-12.00
Shareholders Funds
192.86
167.83
Minority Interests/Other Equity
n/a
n/a
Total Equity
192.86
167.83

Dividend History

Type
Ex-Dividend Date
Payment Date
Payment
6th Interim
18 Apr 2024
03 May 2024
0.50p
5th Interim
21 Mar 2024
05 Apr 2024
0.50p
4th Interim
15 Feb 2024
01 Mar 2024
0.50p
3rd Interim
18 Jan 2024
02 Feb 2024
0.50p
2nd Interim
21 Dec 2023
05 Jan 2024
0.50p
1st Interim
16 Nov 2023
01 Dec 2023
0.50p
12th Interim
19 Oct 2023
03 Nov 2023
1.86996p
11th Interim
21 Sep 2023
06 Oct 2023
0.50p
10th Interim
17 Aug 2023
01 Sep 2023
0.50p
9th Interim
20 Jul 2023
04 Aug 2023
0.50p
8th Interim
15 Jun 2023
30 Jun 2023
0.50p
7th Interim
18 May 2023
02 Jun 2023
0.50p
6th Interim
20 Apr 2023
05 May 2023
0.50p
5th Interim
16 Mar 2023
31 Mar 2023
0.50p
4th Interim
16 Feb 2023
03 Mar 2023
0.50p
3rd Interim
19 Jan 2023
03 Feb 2023
0.50p
2nd Interim
15 Dec 2022
30 Dec 2022
0.50p
1st Interim
17 Nov 2022
02 Dec 2022
0.50p
3rd Interim
20 Oct 2022
04 Nov 2022
0.8898p
12th Interim
20 Oct 2022
04 Nov 2022
0.8898p
11th Interim
15 Sep 2022
30 Sep 2022
0.50p
2nd Interim
15 Sep 2022
30 Sep 2022
0.50p
1st Interim
18 Aug 2022
02 Sep 2022
0.50p
10th Interim
18 Aug 2022
02 Sep 2022
0.50p
9th Interim
14 Jul 2022
29 Jul 2022
0.50p
8th Interim
16 Jun 2022
01 Jul 2022
0.50p
7th Interim
19 May 2022
06 Jun 2022
0.50p
6th Interim
14 Apr 2022
06 May 2022
0.50p
5th Interim
17 Mar 2022
01 Apr 2022
0.50p
4th Interim
17 Feb 2022
04 Mar 2022
0.50p
3rd Interim
20 Jan 2022
04 Feb 2022
0.50p
2nd Interim
16 Dec 2021
05 Jan 2022
0.50p
1st Interim
18 Nov 2021
30 Nov 2021
0.50p
12th Interim
14 Oct 2021
29 Oct 2021
1.02316p
11th Interim
16 Sep 2021
30 Sep 2021
0.50p
10th Interim
12 Aug 2021
31 Aug 2021
0.50p
9th Interim
15 Jul 2021
30 Jul 2021
0.50p
8th Interim
17 Jun 2021
30 Jun 2021
0.50p
7th Interim
20 May 2021
04 Jun 2021
0.50p
6th Interim
15 Apr 2021
30 Apr 2021
0.50p
5th Interim
18 Mar 2021
31 Mar 2021
0.50p
4th Interim
18 Feb 2021
02 Mar 2021
0.50p
3rd Interim
14 Jan 2021
29 Jan 2021
0.50p
2nd Interim
17 Dec 2020
05 Jan 2021
0.50p
1st Interim
12 Nov 2020
30 Nov 2020
0.50p
12th Interim
15 Oct 2020
30 Oct 2020
0.6382p
11th Interim
17 Sep 2020
30 Sep 2020
0.50p
10th Interim
13 Aug 2020
28 Aug 2020
0.50p
9th Interim
16 Jul 2020
31 Jul 2020
0.50p
8th Interim
18 Jun 2020
30 Jun 2020
0.50p
7th Interim
21 May 2020
05 Jun 2020
0.50p
6th Interim
23 Apr 2020
04 May 2020
0.50p
5th Interim
19 Mar 2020
31 Mar 2020
0.50p
4th Interim
13 Feb 2020
28 Feb 2020
0.50p
3rd Interim
16 Jan 2020
31 Jan 2020
0.50p
2nd Interim
19 Dec 2019
31 Dec 2019
0.50p
1st Interim
14 Nov 2019
29 Nov 2019
0.50p
12th Interim
17 Oct 2019
31 Oct 2019
0.84293p
11th Interim
19 Sep 2019
30 Sep 2019
0.50p
10th Interim
15 Aug 2019
30 Aug 2019
0.50p
9th Interim
18 Jul 2019
31 Jul 2019
0.50p
8th Interim
20 Jun 2019
28 Jun 2019
0.50p
7th Interim
16 May 2019
31 May 2019
0.50p
6th Interim
18 Apr 2019
30 Apr 2019
0.50p
5th Interim
14 Mar 2019
29 Mar 2019
0.50p
4th Interim
14 Feb 2019
28 Feb 2019
0.50p
3rd Interim
17 Jan 2019
31 Jan 2019
0.50p
2nd Interim
13 Dec 2018
31 Dec 2018
0.50p
1st Interim
15 Nov 2018
30 Nov 2018
0.50p
12th Interim
18 Oct 2018
31 Oct 2018
1.04962p
11th Interim
20 Sep 2018
28 Sep 2018
0.50p
10th Interim
16 Aug 2018
31 Aug 2018
0.50p
9th Interim
19 Jul 2018
31 Jul 2018
0.50p
8th Interim
21 Jun 2018
29 Jun 2018
0.50p
7th Interim
17 May 2018
31 May 2018
0.50p
6th Interim
19 Apr 2018
30 Apr 2018
0.50p
5th Interim
15 Mar 2018
29 Mar 2018
0.50p
4th Interim
15 Feb 2018
28 Feb 2018
0.50p
3rd Interim
18 Jan 2018
31 Jan 2018
0.50p
2nd Interim
14 Dec 2017
29 Dec 2017
0.50p
1st Interim
16 Nov 2017
30 Nov 2017
0.50p
12th Interim
19 Oct 2017
31 Oct 2017
1.0614p
11th Interim
21 Sep 2017
29 Sep 2017
0.50p
10th Interim
17 Aug 2017
31 Aug 2017
0.50p
9th Interim
20 Jul 2017
31 Jul 2017
0.50p
8th Interim
15 Jun 2017
30 Jun 2017
0.50p
7th Interim
18 May 2017
31 May 2017
0.50p
6th Interim
20 Apr 2017
28 Apr 2017
0.50p
5th Interim
16 Mar 2017
31 Mar 2017
0.50p
4th Interim
16 Feb 2017
28 Feb 2017
0.50p
3rd Interim
19 Jan 2017
31 Jan 2017
0.50p
2nd Interim
15 Dec 2016
30 Dec 2016
0.50p
1st Interim
17 Nov 2016
30 Nov 2016
0.50p
12th Interim
20 Oct 2016
31 Oct 2016
1.35191p
11th Interim
15 Sep 2016
30 Sep 2016
0.50p
10th Interim
18 Aug 2016
31 Aug 2016
0.50p
9th Interim
21 Jul 2016
29 Jul 2016
0.50p
8th Interim
16 Jun 2016
30 Jun 2016
0.50p
7th Interim
19 May 2016
31 May 2016
0.50p
6th Interim
21 Apr 2016
29 Apr 2016
0.50p
5th Interim
17 Mar 2016
31 Mar 2016
0.50p
4th Interim
18 Feb 2016
29 Feb 2016
0.50p
3rd Interim
21 Jan 2016
29 Jan 2016
0.50p
2nd Interim
17 Dec 2015
31 Dec 2015
0.50p
1st Interim
19 Nov 2015
30 Nov 2015
0.50p
12th Interim
15 Oct 2015
30 Oct 2015
1.02689p
11th Interim
17 Sep 2015
30 Sep 2015
0.50p
10th Interim
20 Aug 2015
28 Aug 2015
0.50p
9th Interim
16 Jul 2015
31 Jul 2015
0.50p
8th Interim
18 Jun 2015
30 Jun 2015
0.50p
7th Interim
21 May 2015
29 May 2015
0.50p
6th Interim
16 Apr 2015
30 Apr 2015
0.50p
5th Interim
19 Mar 2015
31 Mar 2015
0.50p
4th Interim
19 Feb 2015
27 Feb 2015
0.50p
3rd Interim
15 Jan 2015
30 Jan 2015
0.50p
2nd Interim
18 Dec 2014
31 Dec 2014
0.50p
1st Interim
13 Nov 2014
28 Nov 2014
0.50p

Dividend Metrics

Year End Date
30 Sep 2020
30 Sep 2019
Dividend growth
-3.23%
-3.16%
Dividend yield
7.40%
6.80%
Dividend cover
0.86
0.63


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