Henderson High Income Trust (LON:HHI) Share Price Crosses Above 50-Day Moving Average of $161.13

Henderson High Income Trust plc (LON:HHI) passed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of GBX 161.13 ($2.07) and traded as high as GBX 168 ($2.16). Henderson High Income Trust shares last traded at GBX 166.50 ($2.14), with a volume of 494,880 shares changing hands.

Henderson High Income Trust Trading Down 2.0 %

The company has a market cap of £281.02 million, a PE ratio of 960.29 and a beta of 1.02. The company has a quick ratio of 0.21, a current ratio of 0.13 and a debt-to-equity ratio of 22.72. The business has a 50-day simple moving average of GBX 161.10 and a 200-day simple moving average of GBX 158.48.

Henderson High Income Trust Increases Dividend

The company also recently announced a dividend, which will be paid on Friday, October 25th. Shareholders of record on Thursday, September 12th will be given a GBX 2.68 ($0.03) dividend. This is a positive change from Henderson High Income Trust’s previous dividend of $2.63. The ex-dividend date is Thursday, September 12th. This represents a yield of 1.68%. Henderson High Income Trust’s payout ratio is presently 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.