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

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

Henderson High Income Trust Stock Performance

Shares of LON HHI traded down GBX 0.11 ($0.00) during midday trading on Thursday, hitting GBX 170.39 ($2.19). 230,101 shares of the company’s stock were exchanged, compared to its average volume of 229,874. The company’s 50 day moving average price is GBX 166.73 and its 200 day moving average price is GBX 164.72. Henderson High Income Trust has a 12 month low of GBX 151.47 ($1.95) and a 12 month high of GBX 174 ($2.24). The firm has a market capitalization of £294.45 million, a PE ratio of 8.65 and a beta of 1.07. The company has a quick ratio of 0.21, a current ratio of 0.13 and a debt-to-equity ratio of 23.55.

Henderson High Income Trust Increases Dividend

The company also recently disclosed 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. The ex-dividend date is Thursday, April 3rd. This is a positive change from Henderson High Income Trust’s previous dividend of $5.50. This represents a dividend yield of 2.68%. Henderson High Income Trust’s payout ratio 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.