Henderson High Income Trust (LON:HHI) Shares Pass Below Fifty Day Moving Average of $161.36

Henderson High Income Trust plc (LON:HHI) crossed below its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of GBX 161.36 ($2.04) and traded as low as GBX 155.38 ($1.97). Henderson High Income Trust shares last traded at GBX 156 ($1.97), with a volume of 152,248 shares changing hands.

Henderson High Income Trust Price Performance

The company’s fifty day moving average price is GBX 161.40 and its 200 day moving average price is GBX 157.43. The company has a debt-to-equity ratio of 22.72, a quick ratio of 0.21 and a current ratio of 0.13. The firm has a market capitalization of £273.70 million, a price-to-earnings ratio of 931.02 and a beta of 1.02.

Henderson High Income Trust Announces Dividend

The firm also recently declared a dividend, which will be paid on Friday, July 26th. Stockholders of record on Thursday, June 13th will be issued a GBX 2.63 ($0.03) dividend. This represents a dividend yield of 1.58%. The ex-dividend date of this dividend is Thursday, June 13th. Henderson High Income Trust’s dividend payout ratio (DPR) is presently 6,470.59%.

Henderson High Income Trust Company Profile

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.