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TwentyFour Select Monthly Income Fund Limited (SMIF) Ordinary 1p

Sell:96.40p Buy:97.20p 0 Change: 0.20p (0.21%)
Market closed Prices as at close on 27 July 2021 Prices delayed by at least 15 minutes | Switch to live prices |
Ex-dividend | Tender Offer

TwentyFour Select Monthly Income Fund Limited Ordinary 1p

Type:
Tender Offer
Shareholder action required:
Yes
Status:
Client deadline
Details (last updated 20 Jul 2021)

What is happening?

 

TwentyFour Select Monthly Income Fund Ltd has announced details of a Quarterly Tender Offer. You have two options to consider before our noon on Tuesday 31 August 2021 deadline.

 

The Company has announced it intends to purchase up to 20% of the issued Share Capital at a price based on the Net Asset Value (NAV). The Tender Price will be set at a 2% discount to the 30 September 2021 NAV.

 

What are my options?

 

Option 1 – Tender a number of Shares. If you wish to tender a number of Shares please give us your instruction by noon on Tuesday 31 August 2021, at which point any tendered Shares will be removed from your portfolio. Cash from the Tender Offer, or any rejected Shares from Excess elections, are expected to be credited to your Account from 11 October 2021.

Option 2 – Take no action. Shareholders are not obliged to tender any number of Shares. If you do not return an instruction no Shares will be tendered on your behalf and your holding will remain unchanged.

 

Full details of this event will be sent to Qualifying Hargreaves Lansdown Clients by either post or secure message. Please note that any instruction you give must be based on the full details provided in the letter and not on the summary information outlined above.

×
Sell:96.40p
Buy:97.20p
Change: 0.20p (0.21%)
Market closed Prices as at close on 27 July 2021 Prices delayed by at least 15 minutes | Switch to live prices |
Ex-dividend | Tender Offer

TwentyFour Select Monthly Income Fund Limited Ordinary 1p

Type:
Tender Offer
Shareholder action required:
Yes
Status:
Client deadline
Details (last updated 20 Jul 2021)

What is happening?

 

TwentyFour Select Monthly Income Fund Ltd has announced details of a Quarterly Tender Offer. You have two options to consider before our noon on Tuesday 31 August 2021 deadline.

 

The Company has announced it intends to purchase up to 20% of the issued Share Capital at a price based on the Net Asset Value (NAV). The Tender Price will be set at a 2% discount to the 30 September 2021 NAV.

 

What are my options?

 

Option 1 – Tender a number of Shares. If you wish to tender a number of Shares please give us your instruction by noon on Tuesday 31 August 2021, at which point any tendered Shares will be removed from your portfolio. Cash from the Tender Offer, or any rejected Shares from Excess elections, are expected to be credited to your Account from 11 October 2021.

Option 2 – Take no action. Shareholders are not obliged to tender any number of Shares. If you do not return an instruction no Shares will be tendered on your behalf and your holding will remain unchanged.

 

Full details of this event will be sent to Qualifying Hargreaves Lansdown Clients by either post or secure message. Please note that any instruction you give must be based on the full details provided in the letter and not on the summary information outlined above.

×
Sell:96.40p
Buy:97.20p
Change: 0.20p (0.21%)
Market closed Prices as at close on 27 July 2021 Prices delayed by at least 15 minutes | Switch to live prices |
Ex-dividend | Tender Offer

TwentyFour Select Monthly Income Fund Limited Ordinary 1p

Type:
Tender Offer
Shareholder action required:
Yes
Status:
Client deadline
Details (last updated 20 Jul 2021)

What is happening?

 

TwentyFour Select Monthly Income Fund Ltd has announced details of a Quarterly Tender Offer. You have two options to consider before our noon on Tuesday 31 August 2021 deadline.

 

The Company has announced it intends to purchase up to 20% of the issued Share Capital at a price based on the Net Asset Value (NAV). The Tender Price will be set at a 2% discount to the 30 September 2021 NAV.

 

What are my options?

 

Option 1 – Tender a number of Shares. If you wish to tender a number of Shares please give us your instruction by noon on Tuesday 31 August 2021, at which point any tendered Shares will be removed from your portfolio. Cash from the Tender Offer, or any rejected Shares from Excess elections, are expected to be credited to your Account from 11 October 2021.

Option 2 – Take no action. Shareholders are not obliged to tender any number of Shares. If you do not return an instruction no Shares will be tendered on your behalf and your holding will remain unchanged.

 

Full details of this event will be sent to Qualifying Hargreaves Lansdown Clients by either post or secure message. Please note that any instruction you give must be based on the full details provided in the letter and not on the summary information outlined above.

×
The selling price currently displayed is higher than the buying price. This can occur temporarily for a variety of reasons; shortly before the market opens, after the market closes or because of extraordinary price volatility during the trading day.
Year ending: 30/09/2021 30/09/2020 30/09/2019 30/09/2018 30/09/2017 30/09/2016
Dividend payments  
12th interim: - 0.6382p 0.84293p 1.04962p 1.0614p 1.35191p
11th interim: - 0.50p 0.50p 0.50p 0.50p 0.50p
10th interim: - 0.50p 0.50p 0.50p 0.50p 0.50p
9th interim: 0.50p* 0.50p 0.50p 0.50p 0.50p 0.50p
8th interim: 0.50p 0.50p 0.50p 0.50p 0.50p 0.50p
7th interim: 0.50p 0.50p 0.50p 0.50p 0.50p 0.50p
6th interim: 0.50p 0.50p 0.50p 0.50p 0.50p 0.50p
5th interim: 0.50p 0.50p 0.50p 0.50p 0.50p 0.50p
4th interim: 0.50p 0.50p 0.50p 0.50p 0.50p 0.50p
3rd interim: 0.50p 0.50p 0.50p 0.50p 0.50p 0.50p
2nd interim: 0.50p 0.50p 0.50p 0.50p 0.50p 0.50p
1st interim: 0.50p 0.50p 0.50p 0.50p 0.50p 0.50p
Total dividend for year: - 6.14p 6.34p 6.55p 6.56p 6.85p
Dividend metrics  
Dividend growth: n/a -3.23% -3.16% -0.16% -4.23% 4.90%
Dividend yield: n/a 7.40% 6.80% 6.80% 6.60% 7.40%
Dividend cover: n/a 0.86 0.63 0.44 2.01 0.57

* Dividend has not yet been paid but has been declared by TwentyFour Select Monthly Income Fund Limited.

All dividend metrics data is calculated excluding any special dividends. Historical dividends may be adjusted to reflect any subsequent rights issues and corporate actions.

Future dividend dates can be found in company information when announced by TwentyFour Select Monthly Income Fund Limited.

Financial year end Type Amount Ex-dividend date Payment date
30/09/2020 Total 6.14p  
  12th interim 0.6382p 15/10/2020 30/10/2020
  11th interim 0.50p 17/09/2020 30/09/2020
  10th interim 0.50p 13/08/2020 28/08/2020
  9th interim 0.50p 16/07/2020 31/07/2020
  8th interim 0.50p 18/06/2020 30/06/2020
  7th interim 0.50p 21/05/2020 05/06/2020
  6th interim 0.50p 23/04/2020 04/05/2020
  5th interim 0.50p 19/03/2020 31/03/2020
  4th interim 0.50p 13/02/2020 28/02/2020
  3rd interim 0.50p 16/01/2020 31/01/2020
  2nd interim 0.50p 19/12/2019 31/12/2019
  1st interim 0.50p 14/11/2019 29/11/2019
30/09/2019 Total 6.34p  
  12th interim 0.84293p 17/10/2019 31/10/2019
  11th interim 0.50p 19/09/2019 30/09/2019
  10th interim 0.50p 15/08/2019 30/08/2019
  9th interim 0.50p 18/07/2019 31/07/2019
  8th interim 0.50p 20/06/2019 28/06/2019
  7th interim 0.50p 16/05/2019 31/05/2019
  6th interim 0.50p 18/04/2019 30/04/2019
  5th interim 0.50p 14/03/2019 29/03/2019
  4th interim 0.50p 14/02/2019 28/02/2019
  3rd interim 0.50p 17/01/2019 31/01/2019
  2nd interim 0.50p 13/12/2018 31/12/2018
  1st interim 0.50p 15/11/2018 30/11/2018
30/09/2018 Total 6.55p  
  12th interim 1.04962p 18/10/2018 31/10/2018
  11th interim 0.50p 20/09/2018 28/09/2018
  10th interim 0.50p 16/08/2018 31/08/2018
  9th interim 0.50p 19/07/2018 31/07/2018
  8th interim 0.50p 21/06/2018 29/06/2018
  7th interim 0.50p 17/05/2018 31/05/2018
  6th interim 0.50p 19/04/2018 30/04/2018
  5th interim 0.50p 15/03/2018 29/03/2018
  4th interim 0.50p 15/02/2018 28/02/2018
  3rd interim 0.50p 18/01/2018 31/01/2018
  2nd interim 0.50p 14/12/2017 29/12/2017
  1st interim 0.50p 16/11/2017 30/11/2017
30/09/2017 Total 6.56p  
  12th interim 1.0614p 19/10/2017 31/10/2017
  11th interim 0.50p 21/09/2017 29/09/2017
  10th interim 0.50p 17/08/2017 31/08/2017
  9th interim 0.50p 20/07/2017 31/07/2017
  8th interim 0.50p 15/06/2017 30/06/2017
  7th interim 0.50p 18/05/2017 31/05/2017
  6th interim 0.50p 20/04/2017 28/04/2017
  5th interim 0.50p 16/03/2017 31/03/2017
  4th interim 0.50p 16/02/2017 28/02/2017
  3rd interim 0.50p 19/01/2017 31/01/2017
  2nd interim 0.50p 15/12/2016 30/12/2016
  1st interim 0.50p 17/11/2016 30/11/2016
30/09/2016 Total 6.85p  
  12th interim 1.35191p 20/10/2016 31/10/2016
  11th interim 0.50p 15/09/2016 30/09/2016
  10th interim 0.50p 18/08/2016 31/08/2016
  9th interim 0.50p 21/07/2016 29/07/2016
  8th interim 0.50p 16/06/2016 30/06/2016
  7th interim 0.50p 19/05/2016 31/05/2016
  6th interim 0.50p 21/04/2016 29/04/2016
  5th interim 0.50p 17/03/2016 31/03/2016
  4th interim 0.50p 18/02/2016 29/02/2016
  3rd interim 0.50p 21/01/2016 29/01/2016
  2nd interim 0.50p 17/12/2015 31/12/2015
  1st interim 0.50p 19/11/2015 30/11/2015

Historical dividends may be adjusted to reflect any subsequent rights issues and corporate actions.

Data policy - All information should be used for indicative purposes only. You should independently check data before making any investment decision. HL cannot guarantee that the data is accurate or complete, and accepts no responsibility for how it may be used. Past dividends do not offer any guarantee of future dividends. Dividends are likely to vary year on year depending on company performance and could increase, decrease or stop altogether. Dividend data provided by Digital Look.

The London Stock Exchange does not disclose whether a trade is a buy or a sell so this data is estimated based on the trade price received and the LSE-quoted mid-price at the point the trade is placed. It should only be considered an indication and not a recommendation.

Trades priced above the mid-price at the time the trade is placed are labelled as a buy; those priced below the mid-price are sells; and those priced close to the mid-price or declared late are labelled 'N/A'.