Henderson Far East Income (LON:HFEL) Announces Earnings Results

Henderson Far East Income (LON:HFEL) announced its quarterly earnings data on Tuesday. The company reported GBX 5.73 ($0.08) earnings per share (EPS) for the quarter, Digital Look Earnings reports. Henderson Far East Income had a negative return on equity of 2.82% and a net margin of 589.91%.

Henderson Far East Income Price Performance

HFEL stock opened at GBX 203.33 ($2.68) on Tuesday. Henderson Far East Income has a 1 year low of GBX 182.67 ($2.41) and a 1 year high of GBX 248 ($3.27). The stock has a market capitalization of £330.43 million, a PE ratio of -32.03 and a beta of 0.60. The company’s 50-day moving average is GBX 216.99 and its 200-day moving average is GBX 225.85.

Henderson Far East Income Increases Dividend

The business also recently announced a dividend, which was paid on Monday, March 31st. Investors of record on Thursday, March 20th were given a dividend of GBX 10.25 ($0.14) per share. This represents a dividend yield of 1.5%. The ex-dividend date was Thursday, March 20th. This is an increase from Henderson Far East Income’s previous dividend of $6.20. Henderson Far East Income’s payout ratio is presently -393.80%.

Henderson Far East Income Company Profile

Henderson Far East Income aims to provide a high level of dividend as well as capital appreciation from a diversified portfolio of investments traded on the Pacific, Australasian, Japanese and Indian stock markets. It makes investments in a diversified portfolio of securities issued by companies listed on stock exchanges in, or which are based in or the business activities are concentrated on the Asia Pacific region or by governments in the Asia Pacific region.