Henderson High Income Trust (LON:HHI) Hits New 12-Month High – Here’s What Happened

Henderson High Income Trust plc (LON:HHI)’s share price hit a new 52-week high on Friday . The company traded as high as GBX 171 ($2.22) and last traded at GBX 170.85 ($2.21), with a volume of 234788 shares trading hands. The stock had previously closed at GBX 168.25 ($2.18).

Henderson High Income Trust Trading Up 1.5 %

The company has a market capitalization of £295.24 million, a PE ratio of 8.68 and a beta of 1.07. The company has a 50 day simple moving average of GBX 165.07 and a 200 day simple moving average of GBX 164.68. The company has a debt-to-equity ratio of 23.55, a quick ratio of 0.21 and a current ratio of 0.13.

Henderson High Income Trust Increases Dividend

The company also recently disclosed a dividend, which was paid on Thursday, February 20th. Investors of record on Thursday, February 13th were paid a GBX 5.50 ($0.07) dividend. This is an increase from Henderson High Income Trust’s previous dividend of $2.68. This represents a yield of 1.06%. The ex-dividend date was Thursday, February 13th. Henderson High Income Trust’s dividend payout ratio is currently 55.86%.

Henderson High Income Trust Company Profile

Henderson High Income Trust plc is a United Kingdom-based investment trust. The Trust invests in a diversified selection of companies to provide investors with a high dividend income stream, while also maintaining the prospect of capital growth. A substantial majority of the trust’s assets are invested in ordinary shares of listed companies with the balance in listed fixed interest stocks.