Henderson Far East Income (LON:HFEL) Share Price Passes Below 50 Day Moving Average of $228.74

Henderson Far East Income (LON:HFEL) shares crossed below its 50-day moving average during trading on Monday . The stock has a 50-day moving average of GBX 228.74 ($3.02) and traded as low as GBX 218 ($2.88). Henderson Far East Income shares last traded at GBX 224.50 ($2.97), with a volume of 196,229 shares traded.

Henderson Far East Income Stock 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 stock’s 50 day moving average price is GBX 228.74 and its two-hundred day moving average price is GBX 229.87. The firm has a market capitalization of £372.68 million, a PE ratio of -3,207.14 and a beta of 0.60.

Henderson Far East Income Increases Dividend

The business also recently declared a dividend, which was paid on Friday, August 30th. Stockholders of record on Thursday, July 25th were issued a GBX 6.20 ($0.08) dividend. This represents a dividend yield of 2.55%. This is a boost from Henderson Far East Income’s previous dividend of $6.10. The ex-dividend date of this dividend was Thursday, July 25th. Henderson Far East Income’s payout ratio is -35,714.29%.

About Henderson Far East Income

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.