Henderson International Income (LON:HINT) Shares Pass Above 50-Day Moving Average – Should You Sell?

Shares of Henderson International Income (LON:HINT) passed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of GBX 165.44 ($2.01) and traded as high as GBX 169 ($2.06). Henderson International Income shares last traded at GBX 168 ($2.04), with a volume of 545,402 shares trading hands.

Henderson International Income Stock Performance

The firm has a market capitalization of £329.25 million and a price-to-earnings ratio of 1,400.00. The stock’s fifty day moving average is GBX 165.44 and its two-hundred day moving average is GBX 165.42.

Henderson International Income Increases Dividend

The firm also recently announced a dividend, which was paid on Friday, November 29th. Stockholders of record on Thursday, November 7th were paid a dividend of GBX 1.95 ($0.02) per share. The ex-dividend date was Thursday, November 7th. This is an increase from Henderson International Income’s previous dividend of $1.92. This represents a dividend yield of 1.16%. Henderson International Income’s dividend payout ratio (DPR) is currently 5,833.33%.

About Henderson International Income

The Company’s investment objective is to provide a high and rising level of dividends, as well as capital appreciation over the long-term from a focused and internationally diversified portfolio of securities outside the United Kingdom. It invests in a global portfolio consisting of listed equities and fixed interest asset classes.