Henderson High Income Trust (LON:HHI) Hits New 1-Year High at $172.00

Henderson High Income Trust plc (LON:HHI)’s share price hit a new 52-week high during trading on Tuesday . The stock traded as high as GBX 172 ($2.27) and last traded at GBX 169 ($2.23), with a volume of 232203 shares changing hands. The stock had previously closed at GBX 168.75 ($2.23).

Henderson High Income Trust Stock Up 0.1 %

The company has a 50-day moving average price of GBX 162.04 and a 200 day moving average price of GBX 159.42. The firm has a market capitalization of £290.92 million, a PE ratio of 994.12 and a beta of 1.06. The company has a debt-to-equity ratio of 22.72, a current ratio of 0.13 and a quick ratio of 0.21.

Henderson High Income Trust Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Friday, October 25th. Stockholders of record on Thursday, September 12th will be given a GBX 2.68 ($0.04) dividend. This represents a dividend yield of 1.68%. This is an increase from Henderson High Income Trust’s previous dividend of $2.63. The ex-dividend date is Thursday, September 12th. Henderson High Income Trust’s payout ratio is presently 6,470.59%.

About Henderson High Income Trust

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.