PR Newswire
LONDON, United Kingdom, April 16
16 April 2026
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 («SMIF»), the
listed, closed-ended investment company that invests in a diversified portfolio
of credit securities, have declared that a dividend of 0.5 pence per share will
be paid, in line with the Prospectus, representing the regular monthly targeted
dividend for the financial period ended 31 March 2026, together with an
additional dividend of 0.25 pence per share. This will be paid as follows:
Ex-Dividend Date23 April 2026
Record Date24 April 2026
Payment Date8 May 2026
Dividend per Share 0.75 pence (Sterling)
Given the ongoing interest rate environment and volatility in the global
markets, the Directors have given careful consideration to the Company’s
projected income for the year against their assessment of risks currently
affecting the markets and those inherent in achieving its target dividend
payment of 6 pence per share per annum. Based on this analysis the Directors
believe that dividends payable in respect of the year ending 30 September 2026
are likely to be in excess of 6.5 pence per share, and consequently believe it
is appropriate to pay an additional 0.25 pence per share, in addition to its
regular monthly targeted dividend of 0.5 pence per share, for the period ended
31 March 2026.
The Directors will continue to monitor the position during the remainder of the
year ending 30 September 2026 and, where possible to do so, will provide
appropriate updates on dividend expectations.
For further information, please contact:
Deutsche Numis:
George Shiel+44 (0)20 7260 1000
Hugh Jonathan
Northern Trust International Fund Administration Services (Guernsey) Limited:
+44 (0)1481 745001
JPES Partners
Charlotte Walsh+44 (0)20 7520 7620
Chris Flame
About SMIF:
SMIF is a London listed closed-ended investment company designed to take
advantage of the premium returns available from «less liquid» instruments across
the debt spectrum.
Visit the SMIF website at www.selectmonthlyincomefund.com for more information.
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