Henderson International Income (LON:HINT) Stock Passes Below 50-Day Moving Average – Here’s What Happened

Henderson International Income (LON:HINT)’s stock price crossed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of GBX 165.93 ($2.04) and traded as low as GBX 162 ($1.99). Henderson International Income shares last traded at GBX 163.50 ($2.01), with a volume of 305,526 shares changing hands.

Henderson International Income Trading Down 1.2 %

The firm has a market cap of £316.65 million and a PE ratio of 1,346.46. The company has a 50-day simple moving average of GBX 165.93 and a 200 day simple moving average of GBX 165.53.

Henderson International Income Increases Dividend

The company also recently declared a dividend, which was paid on Friday, November 29th. Investors of record on Thursday, November 7th were issued a dividend of GBX 1.95 ($0.02) per share. The ex-dividend date of this dividend was Thursday, November 7th. This is an increase from Henderson International Income’s previous dividend of $1.92. This represents a yield of 1.16%. Henderson International Income’s dividend payout ratio is 5,833.33%.

Henderson International Income Company Profile

The Company’s investment objective is to provide a high and rising level of dividends, as well as capital appreciation over the long-term from a focused and internationally diversified portfolio of securities outside the United Kingdom. It invests in a global portfolio consisting of listed equities and fixed interest asset classes.