Henderson International Income (LON:HINT) Shares Pass Below Fifty Day Moving Average – Should You Sell?

Henderson International Income (LON:HINT)’s stock price crossed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of GBX 165.93 ($2.04) and traded as low as GBX 162 ($1.99). Henderson International Income shares last traded at GBX 163.50 ($2.01), with a volume of 305,526 shares.

Henderson International Income Price Performance

The stock has a fifty day moving average of GBX 165.93 and a 200 day moving average of GBX 165.53. The stock has a market cap of £316.65 million and a price-to-earnings ratio of 1,346.46.

Henderson International Income Increases Dividend

The firm also recently declared a dividend, which was paid on Friday, November 29th. Shareholders of record on Thursday, November 7th were given a dividend of GBX 1.95 ($0.02) per share. The ex-dividend date 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 (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.