Henderson High Income Trust (LON:HHI) Shares Cross Above 50 Day Moving Average of $165.88

Henderson High Income Trust plc (LON:HHI) crossed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of GBX 165.88 ($2.22) and traded as high as GBX 170 ($2.28). Henderson High Income Trust shares last traded at GBX 168 ($2.25), with a volume of 151,090 shares.

Henderson High Income Trust Price Performance

The firm has a market cap of £289.20 million, a PE ratio of 988.24 and a beta of 1.06. The firm’s fifty day simple moving average is GBX 165.96 and its two-hundred day simple moving average is GBX 161.52. The company has a quick ratio of 0.21, a current ratio of 0.13 and a debt-to-equity ratio of 22.72.

Henderson High Income Trust Increases Dividend

The company also recently announced a dividend, which will be paid on Friday, October 25th. Investors of record on Thursday, September 12th will be paid a dividend of GBX 2.68 ($0.04) per share. This is a boost from Henderson High Income Trust’s previous dividend of $2.63. The ex-dividend date of this dividend is Thursday, September 12th. This represents a dividend yield of 1.68%. Henderson High Income Trust’s payout ratio is 6,470.59%.

Insider Buying and Selling

In other Henderson High Income Trust news, insider Francesca Ecsery bought 2,945 shares of the business’s stock in a transaction that occurred on Friday, September 27th. The stock was purchased at an average price of GBX 169 ($2.26) per share, for a total transaction of £4,977.05 ($6,664.50). 4.39% of the stock is currently owned by insiders.

About Henderson High Income Trust

Henderson High Income Trust plc is a close-ended equity mutual fund launched and managed by Henderson Investment Funds Limited. It is co-managed by Henderson Global Investors Limited. The fund invests in the public equity markets of the United Kingdom. It seeks to invest in stocks of companies operating across diversified sectors.