Henderson High Income Trust (LON:HHI) Stock Price Up 0.8% Following Dividend Announcement

Shares of Henderson High Income Trust plc (LON:HHI) were up 0.8% during trading on Monday after the company announced a dividend. The company traded as high as GBX 168 ($2.13) and last traded at GBX 165.75 ($2.10). Approximately 248,526 shares were traded during trading, an increase of 3% from the average daily volume of 241,196 shares. The stock had previously closed at GBX 164.50 ($2.08).

The newly announced dividend which will be paid on Friday, January 31st. Stockholders of record on Thursday, December 12th will be given a GBX 2.68 ($0.03) dividend. This represents a dividend yield of 1.63%. The ex-dividend date of this dividend is Thursday, December 12th. Henderson High Income Trust’s dividend payout ratio (DPR) is presently 4,782.61%.

Henderson High Income Trust Stock Up 0.8 %

The stock has a market cap of £287.47 million, a PE ratio of 726.09 and a beta of 1.07. The business has a 50-day moving average price of GBX 163.23 and a 200-day moving average price of GBX 163.39. The company has a current ratio of 0.14, a quick ratio of 0.21 and a debt-to-equity ratio of 23.55.

Insider Buying and Selling at Henderson High Income Trust

In related news, insider Francesca Ecsery bought 2,945 shares of the company’s stock in a transaction on Friday, September 27th. The stock was bought at an average cost of GBX 169 ($2.14) per share, for a total transaction of £4,977.05 ($6,306.45). Insiders own 4.39% of the company’s stock.

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.