Henderson European Trust (LON:HET) Shares Up 0.6% – Here’s What Happened

Henderson European Trust plc (LON:HET) shares traded up 0.6% during mid-day trading on Thursday . The stock traded as high as GBX 177 ($2.18) and last traded at GBX 176 ($2.17). 440,759 shares were traded during mid-day trading, an increase of 17% from the average session volume of 376,134 shares. The stock had previously closed at GBX 175 ($2.15).

Henderson European Trust Trading Up 0.4 %

The stock has a market cap of £586.12 million, a P/E ratio of 519.85 and a beta of 0.87. The stock has a 50-day simple moving average of GBX 174.80.

Henderson European Trust Dividend Announcement

The company also recently declared a dividend, which will be paid on Monday, February 3rd. Investors of record on Thursday, January 2nd will be issued a dividend of GBX 1.30 ($0.02) per share. The ex-dividend date is Thursday, January 2nd. This represents a yield of 0.73%. Henderson European Trust’s dividend payout ratio is currently 1,764.71%.

Insider Buying and Selling at Henderson European Trust

In other Henderson European Trust news, insider Marco Bianconi bought 1,000 shares of Henderson European Trust stock in a transaction on Wednesday, October 16th. The stock was bought at an average price of GBX 173 ($2.13) per share, with a total value of £1,730 ($2,128.71). 5.36% of the stock is owned by corporate insiders.

Henderson European Trust Company Profile

Henderson European Focus Trust plc is a closed-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 public equity markets of Continental Europe. It seeks to invest in stocks of companies operating across diversified sectors.