Henderson High Income Trust plc (LON:HHI) Insider Purchases £20,280 in Stock

Henderson High Income Trust plc (LON:HHI) insider Preeti Rathi bought 12,000 shares of the firm’s stock in a transaction dated Wednesday, April 2nd. The shares were acquired at an average price of GBX 169 ($2.18) per share, for a total transaction of £20,280 ($26,218.49).

Henderson High Income Trust Price Performance

Shares of Henderson High Income Trust stock traded down GBX 0.50 ($0.01) during trading on Wednesday, reaching GBX 168.50 ($2.18). The company’s stock had a trading volume of 251,746 shares, compared to its average volume of 231,115. Henderson High Income Trust plc has a one year low of GBX 151.47 ($1.96) and a one year high of GBX 174 ($2.25). The stock has a 50-day moving average price of GBX 167.35 and a two-hundred day moving average price of GBX 164.76. The company has a current ratio of 0.13, a quick ratio of 0.21 and a debt-to-equity ratio of 23.55. The stock has a market capitalization of £291.18 million, a P/E ratio of 8.56 and a beta of 1.07.

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

Henderson High Income Trust Increases Dividend

The company also recently disclosed a dividend, which will be paid on Sunday, April 6th. Shareholders of record on Thursday, April 3rd will be issued a dividend of GBX 7.15 ($0.09) per share. This is an increase from Henderson High Income Trust’s previous dividend of $5.50. The ex-dividend date is Thursday, April 3rd. This represents a yield of 2.68%. Henderson High Income Trust’s dividend payout ratio is currently 55.86%.

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.