Henderson High Income Trust (LON:HHI) Hits New 52-Week High - Should You Buy?

Henderson High Income Trust plc (LON:HHI - Get Free Report)'s share price hit a new 52-week high during trading on Tuesday . The stock traded as high as GBX 173.50 ($2.30) and last traded at GBX 170.50 ($2.26), with a volume of 277667 shares. The stock had previously closed at GBX 170.50 ($2.26).

Henderson High Income Trust Trading Up 0.9 %

The company has a quick ratio of 0.21, a current ratio of 0.13 and a debt-to-equity ratio of 23.55. The stock has a market capitalization of £297.23 million, a P/E ratio of 8.73 and a beta of 1.07. The company has a fifty day simple moving average of GBX 166.68 and a two-hundred day simple moving average of GBX 164.59.

Henderson High Income Trust (LON:HHI - Get Free Report) last released its quarterly earnings data on Thursday, March 27th. The company reported GBX 10.74 ($0.14) earnings per share for the quarter. Henderson High Income Trust had a return on equity of 12.66% and a net margin of 86.35%.

Henderson High Income Trust Increases Dividend

The business also recently disclosed a dividend, which was paid on Sunday, April 6th. Investors of record on Thursday, April 3rd were issued a dividend of GBX 7.15 ($0.09) per share. This represents a dividend yield of 2.68%. This is a positive change from Henderson High Income Trust's previous dividend of $5.50. The ex-dividend date of this dividend was Thursday, April 3rd. Henderson High Income Trust's dividend payout ratio (DPR) is presently 55.86%.

Insider Activity at Henderson High Income Trust

In other Henderson High Income Trust news, insider Preeti Rathi bought 12,000 shares of Henderson High Income Trust stock in a transaction that occurred on Wednesday, April 2nd. The stock was acquired at an average price of GBX 169 ($2.24) per share, for a total transaction of £20,280 ($26,910.83). 4.39% of the stock is currently owned by insiders.

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.