The Henderson Smaller Companies Investment Trust plc (LON:HSL) was up 0.8% on Tuesday . The stock traded as high as GBX 1,318 ($17.22) and last traded at GBX 1,300 ($16.98). Approximately 75,314 shares changed hands during trading, a decline of 29% from the average daily volume of 106,699 shares. The stock had previously closed at GBX 1,290 ($16.85).
The company has a market capitalization of £971.13 million and a P/E ratio of 2.63. The company has a fifty day simple moving average of GBX 1,308.82 and a two-hundred day simple moving average of GBX 1,255.41. The company has a debt-to-equity ratio of 9.03, a current ratio of 0.12 and a quick ratio of 0.12.
The firm also recently declared a dividend, which will be paid on Monday, October 11th. Stockholders of record on Thursday, August 26th will be given a GBX 16.75 ($0.22) dividend. This is an increase from The Henderson Smaller Companies Investment Trust’s previous dividend of $7.00. This represents a dividend yield of 1.3%. The ex-dividend date of this dividend is Thursday, August 26th. The Henderson Smaller Companies Investment Trust’s dividend payout ratio (DPR) is currently 0.05%.
The Henderson Smaller Companies Investment 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 the public equity markets of the United Kingdom. It seeks to invest in stocks of companies operating across diversified sectors.
Further Reading: Why does a company issue an IPO?
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