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

Shares of Henderson International Income (LON:HINT) passed below its 50 day moving average during trading on Thursday . The stock has a 50 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.

Henderson International Income Price Performance

The stock has a market capitalization of £316.65 million and a PE ratio of 1,346.46. The firm’s 50 day simple moving average is GBX 165.93 and its 200 day simple moving average is GBX 165.53.

Henderson International Income Increases Dividend

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