PR Newswire
LONDON, United Kingdom, February 19
19 February 2026
TwentyFour Income Fund Limited
TwentyFour Income Fund Limited announces Dividend Reinvestment Plan
TwentyFour Income Fund Limited («TFIF» or «the Company»), the FTSE-250 listed
investment company that invests in less liquid asset-backed Securities («ABS»),
announces today the introduction of a Dividend reinvestment plan («DRIP») in
response to shareholder demand.
The DRIP will allow shareholders in TFIF to reinvest their cash dividend, or to
continue receiving their dividend as income. Individual shareholders who elect
to reinvest their cash dividend will be able to reinvest the full amount via
Computershare. Computershare will use the cash dividend to buy new shares in the
Company either on or as soon as reasonably practicable after each dividend
payment date.
Shareholders invested in TFIF via a retail platform may find their dividend can
be reinvested automatically through the platform, rather than via the Company’s
DRIP. Those shareholders should contact their platform provider for further
information.
The DRIP will be available for shareholder participation on payment of the full
-year dividend for those on the register as at 24[th] April 2026.
TFIF performance since IPO
The table below illustrates TFIF’s total returns since IPO in 2013, comparing
performance both with and without reinvesting dividends.
TFIF has delivered a strong and consistent dividend performance since inception
by both meeting and raising its dividend targets, achieved throughout the
interest rate cycle. It operates a full payout model, which means substantially
all income is paid out as dividends to shareholders. For the current financial
year to date, the Company has paid a dividend of 2 pence / quarter, in line with
its target for the year, with the final, balancing dividend announced after the
year-end on the 31 March 2026.
The below is not financial advice and past performance is not a guide to future
performance, investments can go down as well as up and investors may not get
back what they invested. The comparison below is for illustration purposes only,
as there has not been a DRIP previously available, This notional comparison has
been calculated as at market close on the16[th] February 2026. Investors
considering participating in the DRIP should consult a financial adviser as
necessary.
TFIF total returns since IPO
Without re-investing dividends
Date NAV Price
IPO 29/03/2013 100.0p 100.0p
Market close 16/02/2026 110.7p 113.4p
Dividends paid 96.91p 96.91p
Total return 108% 110%
Source: Bloomberg Finance LP (assumes day 1 NAV and price of 100p)
With reinvesting dividends
Date NAV Price
IPO 29/03/2013 100.0p 100.0p
Market close 16/02/2026 276.3p 273.98p
Total return 176% 174%
Source: LSEG Workspace (assumes day 1 NAV and price of 100p)
Commenting on the introduction of the DRIP, Bronwyn Curtis OBE, Chair, TFIF
said: «The introduction of a DRIP means investors can now choose whether to take
their dividend as income or reinvest it to take advantage of the accumulation
benefits, increasing their shareholding and thereby their share of future
dividend payments.
«Investors who wish to learn more about the process and hear an update on the
Company and its portfolio may join our next IMC presentation on the 25[th]
February 2026. Whilst the Company cannot give financial advice, we will give an
overview of the portfolio, the asset class and opportunities available to us.»
Investor Meet Company Presentation
The Company will host an investor presentation on Wednesday 25[th] February at
11:00 GMT to discuss the plan in more detail and to update on the investment
portfolio. The presentation is open to all existing and potential shareholders.
Questions can be submitted pre-event via your Investor Meet Company dashboard up
until the 24[th] February 2026, 09:00 GMT, or at any time during the live
presentation.
Investors can sign up to Investor Meet Company for free and add to meet
TWENTYFOUR INCOME FUND LIMITED via:
https://www.investormeetcompany.com/twentyfour-income-fund-limited/register
-investor
Investors who already follow TWENTYFOUR INCOME FUND LIMITED on the Investor Meet
Company platform will automatically be invited.
For further information please contact:
Northern Trust International Fund Administration Services (Guernsey) Limited:
Emma-Jayne Warden
Tel: +44 (0)1481 745000
Deutsche
Numis Tel:
+44 (0)20 7547 0541
Hugh Jonathan / Matt Goss
JPES
Partners
Tel: +44 (0)20 7520 7620
Charlotte Walsh / Chris Flame
The Company’s LEI is: 549300CCEV00IH2SU369
About the Company:
The Company is a FTSE-250 listed investment company, which aims to generate
attractive risk-adjusted returns, principally through income distributions, by
investing in a diversified portfolio of UK, European, US and Australian asset
-backed securities.
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