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

Henderson International Income (LON:HINT) passed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of GBX 165.44 ($2.01) and traded as high as GBX 169 ($2.06). Henderson International Income shares last traded at GBX 168 ($2.04), with a volume of 545,402 shares changing hands.

Henderson International Income Trading Up 1.2 %

The company has a market capitalization of £329.25 million and a PE ratio of 1,400.00. The business has a fifty day moving average of GBX 165.44 and a 200 day moving average of GBX 165.42.

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 represents a dividend yield of 1.16%. The ex-dividend date was Thursday, November 7th. This is a boost from Henderson International Income’s previous dividend of $1.92. Henderson International Income’s dividend payout ratio (DPR) is presently 5,833.33%.

About Henderson International Income

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.