By a simple re-investment strategy, you would have achieved the holy grail of investing where you can take out your stake and receive income on a Trust that sits in your account at zero, zilch, nothing.

You could either spend your stake or re-invest it in the market and try to do it all over again.

Dividend Announcement

The Directors of TwentyFour Income Fund Limited (“TFIF”), the FTSE 250 listed investment company targeting less liquid, higher yielding UK and European asset-backed securities, have declared that a dividend will be payable in respect of quarter end 31 December 2024 as follows:

Ex Dividend Date 16 January 2025

Record Date  17 January 2025

Payment Date  3 February 2025

Dividend per Share 2.00 pence per Ordinary Share (Sterling)

Current yield 8.9%

Current discount to NAV 1.3%

The final dividend announced this month usually includes any surplus cash, if there is any, making it an enhanced dividend.