Henderson International Income (LON:HINT) Shares Cross Below 50 Day Moving Average – Here’s What Happened

Henderson International Income (LON:HINT) shares crossed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of GBX 165.93 ($2.03) and traded as low as GBX 162 ($1.98). Henderson International Income shares last traded at GBX 163.50 ($2.00), with a volume of 305,526 shares changing hands.

Henderson International Income Stock Performance

The stock has a fifty day moving average of GBX 165.87 and a 200-day moving average of GBX 165.52. The company has a market cap of £314.55 million and a PE ratio of 1,337.50.

Henderson International Income Increases Dividend

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

Henderson International Income Company Profile

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.