Henderson International Income (LON:HINT) Shares Cross Above 50-Day Moving Average – Time to 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.

Henderson International Income Stock Performance

The firm has a market cap of £329.25 million and a P/E ratio of 1,400.00. The firm’s fifty day simple moving average is GBX 165.44 and its 200 day simple moving average is GBX 165.40.

Henderson International Income Increases Dividend

The company also recently declared a dividend, which was paid on Friday, November 29th. Investors of record on Thursday, November 7th were paid a dividend of GBX 1.95 ($0.02) per share. The ex-dividend date of this dividend was Thursday, November 7th. This is a positive change from Henderson International Income’s previous dividend of $1.92. This represents a yield of 1.16%. Henderson International Income’s dividend payout ratio is presently 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.