Henderson High Income Trust (LON:HHI) Shares Cross Above 50 Day Moving Average of $165.33

Henderson High Income Trust plc (LON:HHI) shares passed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of GBX 165.33 ($2.18) and traded as high as GBX 169 ($2.23). Henderson High Income Trust shares last traded at GBX 166 ($2.19), with a volume of 251,407 shares changing hands.

Henderson High Income Trust Stock Performance

The firm has a market cap of £287.47 million, a price-to-earnings ratio of 982.35 and a beta of 1.06. The stock’s 50 day moving average is GBX 165.54 and its 200 day moving average is GBX 161.08. The company has a current ratio of 0.13, a quick ratio of 0.21 and a debt-to-equity ratio of 22.72.

Henderson High Income Trust Increases Dividend

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

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.