Henderson High Income Trust (LON:HHI) Announces Quarterly Earnings Results

Key Points

• Henderson High Income Trust reported earnings of GBX 6.64 per share for the quarter, indicating a solid return on equity of 12.66% and an impressive net margin of 86.35%.
• The stock opened at GBX 180.75, with a market capitalization of £307.48 million and a striking price-to-earnings ratio of 1,186.02, reflecting high investor expectations.
• This investment trust focuses on generating a high dividend income stream for investors while maintaining the potential for capital growth through a diversified portfolio.

Henderson High Income Trust (LON:HHI - Get Free Report) released its quarterly earnings results on Friday. The company reported GBX 6.64 EPS 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 Price Performance

HHI stock traded up GBX 1 on Wednesday, hitting GBX 180.50. 182,921 shares of the company's stock traded hands, compared to its average volume of 231,907. Henderson High Income Trust has a 1-year low of GBX 144 and a 1-year high of GBX 189. The stock has a market cap of £307.06 million, a price-to-earnings ratio of 1,184.38 and a beta of 1.07. The stock has a fifty day moving average of GBX 182.19 and a 200-day moving average of GBX 175.70. The company has a current ratio of 0.13, a quick ratio of 0.21 and a debt-to-equity ratio of 23.55.

About Henderson High Income Trust

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.