Henderson European Trust (LON:HET) Sets New 52-Week Low - What's Next?

Shares of Henderson European Trust plc (LON:HET - Get Free Report) hit a new 52-week low during trading on Friday . The company traded as low as GBX 168.69 ($2.16) and last traded at GBX 168.69 ($2.16), with a volume of 197119 shares traded. The stock had previously closed at GBX 177.60 ($2.27).

Henderson European Trust Stock Down 1.9 %

The stock has a market cap of £547.16 million, a PE ratio of 485.29 and a beta of 0.87. The firm has a fifty day moving average of GBX 186.26 and a 200 day moving average of GBX 179.94.

Henderson European Trust Announces Dividend

The firm also recently disclosed a dividend, which was paid on Monday, February 3rd. Stockholders of record on Thursday, January 2nd were issued a GBX 1.30 ($0.02) dividend. The ex-dividend date was Thursday, January 2nd. This represents a dividend yield of 0.73%. Henderson European Trust's payout ratio is currently 1,764.71%.

About Henderson European Trust

Henderson European Focus 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 public equity markets of Continental Europe. It seeks to invest in stocks of companies operating across diversified sectors.