Henderson International Income (LON:HINT) Stock Price Passes Above 50 Day Moving Average - Here's Why

Henderson International Income (LON:HINT - Get Free Report)'s stock price crossed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of GBX 169.13 ($2.29) and traded as high as GBX 174.59 ($2.36). Henderson International Income shares last traded at GBX 174.59 ($2.36), with a volume of 0 shares trading hands.

Henderson International Income Stock Performance

The company has a market capitalization of £342.26 million and a P/E ratio of 9.82. The business has a 50 day moving average of GBX 169.21 and a 200-day moving average of GBX 170.51.

Henderson International Income Increases Dividend

The business also recently disclosed a dividend, which was paid on Friday, April 11th. Investors of record on Thursday, April 3rd were paid a dividend of GBX 2.15 ($0.03) per share. This represents a dividend yield of 2.02%. This is a positive change from Henderson International Income's previous dividend of $1.95. The ex-dividend date was Thursday, April 3rd. Henderson International Income's payout ratio is presently 39.37%.

Henderson International Income Company Profile

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.