Henderson Smaller Companies (LON:HSL) Shares Pass Below 50 Day Moving Average – Here’s What Happened

Henderson Smaller Companies (LON:HSL)’s stock price passed below its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of GBX 873.29 ($11.34) and traded as low as GBX 832 ($10.80). Henderson Smaller Companies shares last traded at GBX 832 ($10.80), with a volume of 77,469 shares changing hands.

Henderson Smaller Companies Trading Up 0.6 %

The stock’s fifty day moving average price is GBX 869.95 and its 200 day moving average price is GBX 865.94. The company has a quick ratio of 0.20, a current ratio of 0.37 and a debt-to-equity ratio of 14.12. The stock has a market cap of £629.34 million, a PE ratio of 676.80 and a beta of 1.27.

Henderson Smaller Companies Increases Dividend

The company also recently declared a dividend, which was paid on Monday, October 7th. Stockholders of record on Thursday, August 29th were issued a dividend of GBX 19.50 ($0.25) per share. This is a boost from Henderson Smaller Companies’s previous dividend of $7.50. The ex-dividend date was Thursday, August 29th. This represents a dividend yield of 2%. Henderson Smaller Companies’s dividend payout ratio is presently 2,160.00%.

About Henderson Smaller Companies

The Henderson Smaller Companies Investment Trust plc is a closed-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.