Twentyfour Select Monthl... Share Discussion Threads

[jaf111] 11/11/2021 17:25

Will surely be a beneficiary from Lloyds Pref holders post the tenders?

[cwa1] 11/11/2021 16:22

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Twentyfour Select Monthly Inco (SMIF)
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Thursday 11 November, 2021
Twentyfour Select Monthly Inco
Dividend Announcement
11 November 2021

TwentyFour Select Monthly Income Fund Limited

(a non-cellular company limited by shares incorporated in the Island of Guernsey under the Companies (Guernsey) Law 2008, as amended, with registered number 57985 and registered as a Registered Closed-ended Collective Investment Scheme with the Guernsey Financial Services Commission. LEI: 549300P9Q5O2B3RDNF78)


Re: Dividend Announcement


The Directors of TwentyFour Select Monthly Income Fund Limited have declared that a dividend will be payable, in line with the Prospectus, representing the regular monthly targeted dividend for the financial period ending 29 October 2021 as follows:


Ex-Dividend Date 18 November 2021
Record Date 19 November 2021
Payment Date 30 November 2021
Dividend per Share 0.50 pence (Sterling)

[cwa1] 14/10/2021 08:45

XD the final dividend this morning, pay day 29/10

[marktime1231] 07/10/2021 18:57

An unexpected bonus well done SMIF

[cwa1] 07/10/2021 17:20

Yup, very solid

[jaf111] 07/10/2021 17:14

Final divi compares well with previous years....
2020 - 0.6381959p
2019 - 0.84293p

Yielding 6.7%

[cwa1] 07/10/2021 16:58

Re: Dividend Announcement

The Directors of TwentyFour Select Monthly Income Fund Limited have declared that a dividend will be payable, in line with the Prospectus, representing the required final distribution of net income for the year ending 30 September 2021 as follows:

Ex-Dividend Date 14 October 2021

Record Date 15 October 2021

Payment Date 29 October 2021

Dividend per Share 1.0231636 pence (Sterling)

[marktime1231] 09/9/2021 16:04

Confirmation too that SMIF continues to trade at around a 3% premium to a slowly improving NAV, periodically issuing a few new shares to meet demand, generating the cash flow to sustain the excellent monthly dividend. So long as it can keep finding high yield assets to invest in, and / or pay a bumper final dividend, unphased by the dividend tax hike, the price might just edge back towards the magic 100p.

[cwa1] 09/9/2021 15:47

Re: Dividend Announcement

The Directors of TwentyFour Select Monthly Income Fund Limited have declared that a dividend will be payable, in line with the Prospectus, representing the regular monthly targeted dividend for the financial period ending 31 August 2021 as follows:

Ex-Dividend Date 16 September 2021

Record Date 17 September 2021

Payment Date 30 September 2021

Dividend per Share 0.50 pence (Sterling)

[cwa1] 06/8/2021 15:57

That's a chunky trade at 12:52-500,000 @ 97.54p. Good volume overall too with over 700,000 traded already. Hopefully it presages a little price improvement

[marktime1231] 06/8/2021 12:27

Thanks for all the suggestions. I have plumped for EPIC this morning at just over 74p for a starting yield of 6.7% paying monthly, and that carrot of an increase before the end of the year. Could we all please head out to our nearest retail park this weekend to help them pay their rents, please and thank you.

[cwa1] 05/8/2021 17:12

August 2021

TwentyFour Select Monthly Income Fund Limited

(a non-cellular company limited by shares incorporated in the Island of
Guernsey under the Companies (Guernsey) Law 2008, as amended, with registered
number 57985 and registered as a Registered Closed-ended Collective Investment
Scheme with the Guernsey Financial Services Commission. LEI:
549300P9Q5O2B3RDNF78)

Re: Dividend Announcement

The Directors of TwentyFour Select Monthly Income Fund Limited have declared
that a dividend will be payable, in line with the Prospectus, representing the
regular monthly targeted dividend for the financial period ending 30 July 2021
as follows:

Ex-Dividend Date 12 August 2021

Record Date 13 August 2021

Payment Date 31 August 2021

Dividend per Share 0.50 pence (Sterling)

[rogerrail] 05/8/2021 16:16

Take a look at VPC, 8.7% yeild. NAV history has been exemplary. These guys know how to make money.

[marktime1231] 05/8/2021 15:38

Thanks for those ideas, NWH not available from here but that is the sort of thing yes. SUPR looks a hot premium for a 4.5% yield but has the upside of progression as you say, finding a cheaper entry is the trick. The other property contrarian I have looked at is RGL, are we really going back to the office though, I bet not fully. I looked at SHIP for a while, but the price took off and was worried about the risks and unknowns. Other logistics?

EPIC attracts me because it is a good yield, monthly, NAV bottoming perhaps and share price some way to go to close the discount still, and a declared prospect of the dividend being restored another notch to 5.5p (and who knows maybe even all the way back to 6p). Maybe some upside in the NAV if retail warehousing has a future, or it cleverly buys in to retail park property which definitely does have a future like drive-thro's. Right now it looks cheap, because of the risk.

[williamcooper104] 05/8/2021 15:12

Check out NWH - 6.12 monthly divi yield - it's a Canadian listed global hospital/medical office building REIT (chart doesn't look great as it was a little over leveraged, and earnings have fallen as it's moved into a more conservative balance sheet) In the U.K, SUPR is hard to beat for yield/inflation upside/risk

[marktime1231] 05/8/2021 15:02

SMIF holding grown into a pillar of my retirement portfolio. It lacks progression but at 6% and monthly distribution it is a winner. Outlook?

The other big stakes at the moment are BERI which also lacks dividend progression, but I make up for that with a little trading of the cycles. MYI which could do better and is under review for reduction. My real winner is EAT which is steaming ahead so fast it is hard to pick when to add.

Smaller stakes in CTY, UKW, GRID and BIPS. A hopeful sandwich.

Recently sold out of NCYF, and KKVL which is imploding.

Looking for another progressive based on real assets, so property or leasing or ... but nothing too novel or exotic. EPIC maybe, or is that a risk too far?

[yieldsearch] 05/8/2021 13:15

Same, i have also ukml with 24am

[williamcooper104] 05/8/2021 12:09

Ditto Nothing to speak of no bad thing

[cwa1] 05/8/2021 08:43

Good Morning

I've joined the monthly payment club over the past days paying a blended average of about 96p for my holding.

Pleased with a solid monthly 6%+ yield under the circumstances.

Not the busiest of boards, are there many holders out there?

[belgraviaboy] 11/9/2020 17:25

First purchases here today. Not that keen on banks - but trust the manager to manage the risks.

[petewy] 11/9/2020 14:10

uplifting commentary
hxxps://www.sharesmagazin e.co.uk/news/market/7080182/Monthly-Factsheet-amp-Commentary-August-2020

[williamcooper104] 25/8/2020 10:54

Any idea as to why the tender offer given that we do not appear to be trading at a discount to NAV

[killing_time] 25/7/2020 10:02

Agreed. I hold this as one of my core holdings,letting the dividends compound this is a good way to get rich slowly. KT.