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TwentyFour Select Monthlyome Fund (LSE:SMIF) Dividend Yield % : 9.07% (As of Jun. 05, 2024)


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What is TwentyFour Select Monthlyome Fund Dividend Yield %?

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

Good Sign:

TwentyFour Select Monthly Income Fund Ltd stock dividend yield is close to 3-year high.

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

LSE:SMIF' s Dividend Yield % Range Over the Past 10 Years
Min: 1.46   Med: 7.09   Max: 10.94
Current: 9.07

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

LSE:SMIF's Dividend Yield % is ranked better than
77.38% of 1216 companies
in the Asset Management industry
Industry Median: 5.49 vs LSE:SMIF: 9.07

TwentyFour Select Monthlyome Fund's Dividend Payout Ratio for the six months ended in Sep. 2023 was 0.54.

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.

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

TwentyFour Select Monthlyome Fund's Dividends per Share for the six 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 Yield % Historical Data

The historical data trend for TwentyFour Select Monthlyome Fund's Dividend Yield % 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 Yield % Chart

TwentyFour Select Monthlyome Fund Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Dividend Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.04 7.61 6.38 8.94 8.45

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 Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6.38 7.33 8.94 8.77 8.45

Competitive Comparison of TwentyFour Select Monthlyome Fund's Dividend Yield %

For the Asset Management subindustry, TwentyFour Select Monthlyome Fund's Dividend Yield %, along with its competitors' market caps and Dividend Yield % 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 Yield % Distribution in the Asset Management Industry

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

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



TwentyFour Select Monthlyome Fund Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

TwentyFour Select Monthlyome Fund Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
GBP 0.0050002024-05-162024-05-172024-05-31Cash DividendmonthlyGBP:GBP 1.000000
GBP 0.0075002024-04-182024-04-192024-05-03Cash DividendmonthlyGBP:GBP 1.000000
GBP 0.0050002024-03-212024-03-222024-04-05Cash DividendmonthlyGBP:GBP 1.000000
GBP 0.0050002024-02-152024-02-162024-03-01Cash DividendmonthlyGBP:GBP 1.000000
GBP 0.0050002024-01-182024-01-192024-02-02Cash DividendmonthlyGBP:GBP 1.000000
GBP 0.0050002023-12-212023-12-222024-01-05Cash DividendmonthlyGBP:GBP 1.000000
GBP 0.0050002023-11-162023-11-172023-12-01Cash DividendmonthlyGBP:GBP 1.000000
GBP 0.0187002023-10-192023-10-202023-11-03Cash DividendmonthlyGBP:GBP 1.000000
GBP 0.0050002023-09-212023-09-222023-10-06Cash DividendmonthlyGBP:GBP 1.000000
GBP 0.0050002023-08-172023-08-182023-09-01Cash DividendmonthlyGBP:GBP 1.000000
GBP 0.0050002023-07-202023-07-212023-08-04Cash DividendmonthlyGBP:GBP 1.000000
GBP 0.0050002023-06-152023-06-162023-06-30Cash DividendmonthlyGBP:GBP 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

TwentyFour Select Monthlyome Fund's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.0762/0.84
=9.07 %

Current Share Price is £0.84.
TwentyFour Select Monthlyome Fund's Dividends per Share for the trailing twelve months (TTM) ended in Today is £0.0762.

TwentyFour Select Monthlyome Fund's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.06/0.84
=7.14 %

Current Share Price is £0.84.
TwentyFour Select Monthlyome Fund's Dividends per Share for the forward twelve months is calculated as £0.005 * 12 = £0.06.

* 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.


TwentyFour Select Monthlyome Fund  (LSE:SMIF) Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

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.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


TwentyFour Select Monthlyome Fund Dividend Yield % Related Terms

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TwentyFour Select Monthlyome Fund (LSE:SMIF) Business Description

Traded in Other Exchanges
Address
11 Monument Street, 8th Floor, The Monument Building, London, GBR, EC3R 8AF
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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