Henderson Far East Income (LON:HFEL) Trading Down 1.1% - Here's What Happened

Henderson Far East Income (LON:HFEL - Get Free Report) shares were down 1.1% on Tuesday . The company traded as low as GBX 228 ($2.91) and last traded at GBX 229.50 ($2.93). Approximately 217,424 shares traded hands during trading, a decline of 42% from the average daily volume of 374,619 shares. The stock had previously closed at GBX 232 ($2.96).

Henderson Far East Income Price Performance

The company has a current ratio of 0.49, a quick ratio of 0.69 and a debt-to-equity ratio of 9.65. The company's 50 day moving average is GBX 230.10 and its 200-day moving average is GBX 231.48. The stock has a market cap of £379.36 million, a PE ratio of -3,285.71 and a beta of 0.60.

Henderson Far East Income Announces Dividend

The firm also recently disclosed a dividend, which was paid on Friday, November 29th. Shareholders of record on Thursday, October 24th were paid a dividend of GBX 6.20 ($0.08) per share. The ex-dividend date was Thursday, October 24th. This represents a yield of 2.67%. Henderson Far East Income's dividend payout ratio (DPR) is presently -35,714.29%.

Henderson Far East Income Company Profile

Henderson Far East Income Limited is a closed ended balanced mutual fund launched and managed by Henderson Investment Funds Limited. The fund is managed by Henderson Global Investors Limited. It invests in the public equity and fixed income markets of Pacific, Australasia, Japan, and India. The fund invests in stocks of companies operating across diversified sectors.