Henderson European Trust (LON:HET) Stock Price Up 0.6% - Here's What Happened

Henderson European Trust plc (LON:HET - Get Free Report) shares rose 0.6% on Thursday . The company traded as high as GBX 177 ($2.16) and last traded at GBX 176 ($2.15). Approximately 440,759 shares changed hands during trading, an increase of 17% from the average daily volume of 376,134 shares. The stock had previously closed at GBX 175 ($2.14).

Henderson European Trust Stock Performance

The company has a market cap of £581.98 million, a P/E ratio of 516.18 and a beta of 0.87. The firm's 50-day moving average price is GBX 174.80.

Henderson European Trust Announces Dividend

The company also recently announced a dividend, which will be paid on Monday, February 3rd. Shareholders of record on Thursday, January 2nd will be issued a dividend of GBX 1.30 ($0.02) per share. The ex-dividend date of this dividend is Thursday, January 2nd. This represents a dividend yield of 0.73%. Henderson European Trust's dividend payout ratio (DPR) is 1,764.71%.

Insider Transactions at Henderson European Trust

In other Henderson European Trust news, insider Marco Bianconi purchased 1,000 shares of the firm's stock in a transaction that occurred on Wednesday, October 16th. The stock was bought at an average cost of GBX 173 ($2.11) per share, for a total transaction of £1,730 ($2,112.33). Corporate insiders own 5.36% of the company's stock.

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.