Henderson Smaller Companies (LON:HSL) Shares Pass Below 50 Day Moving Average of $907.44

Henderson Smaller Companies (LON:HSL) shares passed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of GBX 907.44 ($11.93) and traded as low as GBX 849 ($11.16). Henderson Smaller Companies shares last traded at GBX 849 ($11.16), with a volume of 118,513 shares traded.

Henderson Smaller Companies Stock Performance

The company has a debt-to-equity ratio of 14.12, a quick ratio of 0.20 and a current ratio of 0.37. The stock’s 50-day simple moving average is GBX 907.30 and its two-hundred day simple moving average is GBX 844.90. The stock has a market cap of £631.57 million, a price-to-earnings ratio of 679.20 and a beta of 1.27.

Henderson Smaller Companies Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Monday, October 7th. Investors of record on Thursday, August 29th will be given a dividend of GBX 19.50 ($0.26) per share. This represents a dividend yield of 2%. The ex-dividend date of this dividend is Thursday, August 29th. This is a boost from Henderson Smaller Companies’s previous dividend of $7.50. Henderson Smaller Companies’s payout ratio is currently 2,160.00%.

Henderson Smaller Companies Company Profile

The Henderson Smaller Companies Investment 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 the public equity markets of the United Kingdom. It seeks to invest in stocks of companies operating across diversified sectors.