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

Henderson International Income (LON:HINT) shares crossed below its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of GBX 166.32 ($2.08) and traded as low as GBX 162.16 ($2.03). Henderson International Income shares last traded at GBX 162.28 ($2.03), with a volume of 45,057 shares trading hands.

Henderson International Income Stock Performance

The business’s fifty day simple moving average is GBX 166.32 and its 200-day simple moving average is GBX 165.63. The company has a market capitalization of £317.69 million and a P/E ratio of 1,350.88.

Henderson International Income Increases Dividend

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

About Henderson International Income

Henderson International Income Trust plc is a closed-ended balanced mutual fund launched and managed by Henderson Investment Funds Limited. It is co-managed by Henderson Global Investors Limited. The fund invests in public equity and fixed income markets across the globe, excluding the United Kingdom.