Henderson High Income Trust (LON:HHI) Posts Quarterly Earnings Results

Henderson High Income Trust (LON:HHI) issued its quarterly earnings data on Thursday. The company reported GBX 10.74 ($0.14) EPS for the quarter, Digital Look Earnings reports. Henderson High Income Trust had a net margin of 86.35% and a return on equity of 12.66%.

Henderson High Income Trust Stock Performance

HHI opened at GBX 168.70 ($2.18) on Friday. The company has a debt-to-equity ratio of 23.55, a quick ratio of 0.21 and a current ratio of 0.13. The business’s 50-day simple moving average is GBX 166.90 and its 200 day simple moving average is GBX 164.74. Henderson High Income Trust has a 52-week low of GBX 151.47 ($1.96) and a 52-week high of GBX 174 ($2.25). The firm has a market capitalization of £291.53 million, a PE ratio of 8.57 and a beta of 1.07.

Henderson High Income Trust Increases Dividend

The firm also recently declared a dividend, which will be paid on Sunday, April 6th. Stockholders of record on Thursday, April 3rd will be paid a dividend of GBX 7.15 ($0.09) per share. This is a boost from Henderson High Income Trust’s previous dividend of $5.50. This represents a dividend yield of 2.68%. The ex-dividend date of this dividend is Thursday, April 3rd. Henderson High Income Trust’s dividend payout ratio (DPR) is currently 55.86%.

Henderson High Income Trust Company Profile

Henderson High Income Trust plc is a United Kingdom-based investment trust. The Trust invests in a diversified selection of companies to provide investors with a high dividend income stream, while also maintaining the prospect of capital growth. A substantial majority of the trust’s assets are invested in ordinary shares of listed companies with the balance in listed fixed interest stocks.