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

Shares of Henderson International Income (LON:HINT) crossed below its fifty day moving average during trading on Thursday . The stock has a fifty 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 trading hands.

Henderson International Income Stock Down 1.2 %

The company has a market capitalization of £316.65 million and a P/E ratio of 1,346.46. The business’s 50-day moving average price is GBX 165.93 and its 200 day moving average price is GBX 165.53.

Henderson International Income Increases Dividend

The business also recently announced a dividend, which was paid on Friday, November 29th. Shareholders of record on Thursday, November 7th were given a dividend of GBX 1.95 ($0.02) per share. The ex-dividend date of this dividend was Thursday, November 7th. This is a positive change from Henderson International Income’s previous dividend of $1.92. This represents a yield of 1.16%. Henderson International Income’s payout ratio is presently 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.