Henderson International Income (LON:HINT) Stock Price Crosses Below 50-Day Moving Average – Here’s Why

Henderson International Income (LON:HINT)’s share price passed below its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of GBX 166.32 ($2.06) and traded as low as GBX 162.16 ($2.01). Henderson International Income shares last traded at GBX 162.28 ($2.01), with a volume of 45,057 shares.

Henderson International Income Stock Performance

The company’s 50-day simple moving average is GBX 166.30 and its 200 day simple moving average is GBX 165.63. The company has a market cap of £316.51 million and a PE ratio of 1,345.83.

Henderson International Income Increases Dividend

The business also recently disclosed a dividend, which was paid on Friday, November 29th. Stockholders of record on Thursday, November 7th were paid a GBX 1.95 ($0.02) dividend. This is a boost from Henderson International Income’s previous dividend of $1.92. This represents a dividend yield of 1.16%. The ex-dividend date was Thursday, November 7th. Henderson International Income’s dividend payout ratio (DPR) is presently 5,833.33%.

Henderson International Income Company Profile

Henderson International Income Trust plc is a closed-ended balanced 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 and fixed income markets across the globe, excluding the United Kingdom.