TwentyFour Select Monthlyome Fund (LSE:SMIF) Dividend Payout Ratio : 0.54 (As of Sep. 2023)

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What is TwentyFour Select Monthlyome Fund Dividend Payout Ratio?

TwentyFour Select Monthlyome Fund's dividend payout ratio for the months ended in Sep. 2023 was 0.54.

The historical rank and industry rank for TwentyFour Select Monthlyome Fund's Dividend Payout Ratio or its related term are showing as below:

LSE:SMIF' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.48 Med: 1.25 Max: 5.46
Current: 0.56

During the past 10 years, the highest Dividend Payout Ratio of TwentyFour Select Monthlyome Fund was 5.46. The lowest was 0.48. And the median was 1.25.

LSE:SMIF's Dividend Payout Ratio is ranked better than
66.07% of 943 companies
in the Asset Management industry
Industry Median: 0.79 vs LSE:SMIF: 0.56

As of today (2024-06-05), the Dividend Yield % of TwentyFour Select Monthlyome Fund is 9.07%.

During the past 10 years, the highest Trailing Annual Dividend Yield of TwentyFour Select Monthlyome Fund was 10.94%. The lowest was 1.46%. And the median was 7.09%.

TwentyFour Select Monthlyome Fund's Dividends per Share for the months ended in Sep. 2023 was £0.03.

During the past 12 months, TwentyFour Select Monthlyome Fund's average Dividends Per Share Growth Rate was -1.50% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 0.50% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -0.50% per year.

During the past 10 years, the highest 3-Year average Dividends Per Share Growth Rate of TwentyFour Select Monthlyome Fund was 66.30% per year. The lowest was -3.00% per year. And the median was -2.40% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

TwentyFour Select Monthlyome Fund Dividend Payout Ratio Historical Data

The historical data trend for TwentyFour Select Monthlyome Fund's Dividend Payout Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

TwentyFour Select Monthlyome Fund Dividend Payout Ratio Chart

TwentyFour Select Monthlyome Fund Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Dividend Payout Ratio

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1.63

1.19

0.48

0.56

TwentyFour Select Monthlyome Fund Semi-Annual Data
	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Dividend Payout Ratio	Get a 7-Day Free Trial														0.75	-	-	0.59	0.54

Competitive Comparison of TwentyFour Select Monthlyome Fund's Dividend Payout Ratio

For the Asset Management subindustry, TwentyFour Select Monthlyome Fund's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

TwentyFour Select Monthlyome Fund's Dividend Payout Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, TwentyFour Select Monthlyome Fund's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where TwentyFour Select Monthlyome Fund's Dividend Payout Ratio falls into.

TwentyFour Select Monthlyome Fund Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

TwentyFour Select Monthlyome Fund's Dividend Payout Ratio for the fiscal year that ended in Sep. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Sep. 2023 )	/	EPS without NRI (A: Sep. 2023 )
	=	0.064	/	0.114
	=	0.56

TwentyFour Select Monthlyome Fund's Dividend Payout Ratio for the quarter that ended in Sep. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Sep. 2023 )	/	EPS without NRI (Q: Sep. 2023 )
	=	0.03	/	0.056
	=	0.54

TwentyFour Select Monthlyome Fund (LSE:SMIF) Dividend Payout Ratio Explanation

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

TwentyFour Select Monthlyome Fund Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of TwentyFour Select Monthlyome Fund's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

TwentyFour Select Monthlyome Fund (LSE:SMIF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » TwentyFour Select Monthly Income Fund Ltd (LSE:SMIF) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

SMIFl:UK

Address

11 Monument Street, 8th Floor, The Monument Building, London, GBR, EC3R 8AF

Website

https://www.twentyfouram.com

TwentyFour Select Monthly Income Fund Ltd is a closed-ended investment company registered in Guernsey. Its investment objective is to generate attractive risk-adjusted returns, principally through income distributions. The company's investment policy is to invest in a diversified portfolio which comprises of any category of credit security including bank capital, corporate bonds, high yield bonds, leveraged loans, payment-in-kind notes, and asset-backed securities.

TwentyFour Select Monthlyome Fund (LSE:SMIF) Headlines

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