Henderson High Income Trust (LON:HHI) Stock Crosses Above 50-Day Moving Average of $165.88

Henderson High Income Trust plc (LON:HHI - Get Free Report)'s share price passed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of GBX 165.88 ($2.22) and traded as high as GBX 170 ($2.28). Henderson High Income Trust shares last traded at GBX 168 ($2.25), with a volume of 151,090 shares traded.

Henderson High Income Trust Price Performance

The company has a current ratio of 0.13, a quick ratio of 0.21 and a debt-to-equity ratio of 22.72. The stock has a 50 day simple moving average of GBX 165.88 and a 200 day simple moving average of GBX 161.43. The firm has a market capitalization of £289.20 million, a PE ratio of 988.24 and a beta of 1.06.

Henderson High Income Trust Increases Dividend

The business also recently declared a dividend, which will be paid on Friday, October 25th. Shareholders of record on Thursday, September 12th will be paid a GBX 2.68 ($0.04) dividend. This is a boost from Henderson High Income Trust's previous dividend of $2.63. This represents a yield of 1.68%. The ex-dividend date is Thursday, September 12th. Henderson High Income Trust's payout ratio is 6,470.59%.

Insider Transactions at Henderson High Income Trust

In other Henderson High Income Trust news, insider Francesca Ecsery acquired 2,945 shares of the business's stock in a transaction dated Friday, September 27th. The shares were purchased at an average cost of GBX 169 ($2.26) per share, for a total transaction of £4,977.05 ($6,664.50). Corporate insiders own 4.39% of the company's stock.

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.