Somewhat Favorable News Coverage Somewhat Unlikely to Impact Thai Fund (TTF) Share Price
News headlines about Thai Fund (NYSE:TTF) have trended somewhat positive this week, according to Accern Sentiment. The research group rates the sentiment of press coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Thai Fund earned a media sentiment score of 0.06 on Accern’s scale. Accern also gave news coverage about the company an impact score of 44.8931785307341 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
Shares of Thai Fund (TTF) opened at $11.21 on Friday. Thai Fund has a 1 year low of $6.86 and a 1 year high of $11.21.
The company also recently announced a semiannual dividend, which will be paid on Wednesday, January 10th. Investors of record on Friday, December 22nd will be given a $0.2162 dividend. The ex-dividend date is Thursday, December 21st. This represents a dividend yield of 3.92%.
In other Thai Fund news, major shareholder City Of London Investment Grou sold 134,287 shares of the stock in a transaction that occurred on Monday, October 9th. The stock was sold at an average price of $10.52, for a total transaction of $1,412,699.24. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Over the last three months, insiders sold 751,204 shares of company stock valued at $8,093,723.
About Thai Fund
The Thai Fund, Inc (the Fund) is a non-diversified, closed-end management investment company. The Fund’s investment objective is long-term capital appreciation through investment primarily in equity securities of companies organized under the laws of the Kingdom of Thailand. The Fund seeks long-term capital appreciation and integrates top-down sector allocation and bottom-up stock selection with a growth bias.
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