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

Henderson High Income Trust plc (LON:HHI) shares passed 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.

Henderson High Income Trust Price Performance

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 stock’s 50 day simple moving average is GBX 161.40 and its two-hundred day simple moving average is GBX 157.43. The firm has a market capitalization of £273.70 million, a PE ratio of 931.02 and a beta of 1.02.

Henderson High Income Trust Announces Dividend

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