Henderson High Income Trust (LON:HHI) Releases Earnings Results

Henderson High Income Trust (LON:HHI) announced its quarterly earnings data 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 net margin of 86.35% and a return on equity of 12.66%.

Henderson High Income Trust Trading Down 0.1 %

LON:HHI traded down GBX 0.11 ($0.00) during mid-day trading on Thursday, hitting GBX 170.40 ($2.19). The company had a trading volume of 310,231 shares, compared to its average volume of 231,187. The firm has a market cap of £294.46 million, a P/E ratio of 8.65 and a beta of 1.07. Henderson High Income Trust has a fifty-two week low of GBX 151.47 ($1.95) and a fifty-two week high of GBX 174 ($2.24). The business’s fifty day moving average is GBX 166.73 and its two-hundred day moving average is GBX 164.72. The company has a debt-to-equity ratio of 23.55, a quick ratio of 0.21 and a current ratio of 0.13.

Henderson High Income Trust Increases Dividend

The business also recently disclosed a dividend, which will be paid on Sunday, April 6th. Investors of record on Thursday, April 3rd will be issued a GBX 7.15 ($0.09) dividend. This represents a yield of 2.68%. The ex-dividend date of this dividend is Thursday, April 3rd. This is an increase from Henderson High Income Trust’s previous dividend of $5.50. Henderson High Income Trust’s dividend 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.