Henderson Far East Income (LON:HFEL) Issues Earnings Results

Henderson Far East Income (LON:HFEL) announced its earnings results on Tuesday. The company reported GBX 5.73 ($0.08) earnings per share for the quarter, Digital Look Earnings reports. Henderson Far East Income had a net margin of 589.91% and a negative return on equity of 2.82%.

Henderson Far East Income Trading Up 0.5 %

HFEL stock opened at GBX 206 ($2.73) on Wednesday. The stock has a market capitalization of £334.76 million, a price-to-earnings ratio of -32.45 and a beta of 0.60. Henderson Far East Income has a 12-month low of GBX 182.67 ($2.42) and a 12-month high of GBX 248 ($3.28). The firm’s 50-day moving average price is GBX 216.62 and its two-hundred day moving average price is GBX 225.67.

Henderson Far East Income Increases Dividend

The business also recently declared a dividend, which was paid on Monday, March 31st. Shareholders of record on Thursday, March 20th were paid a GBX 10.25 ($0.14) dividend. This is a boost from Henderson Far East Income’s previous dividend of $6.20. This represents a yield of 1.5%. The ex-dividend date was Thursday, March 20th. Henderson Far East Income’s payout ratio is -393.80%.

About Henderson Far East Income

Henderson Far East Income aims to provide a high level of dividend as well as capital appreciation from a diversified portfolio of investments traded on the Pacific, Australasian, Japanese and Indian stock markets. It makes investments in a diversified portfolio of securities issued by companies listed on stock exchanges in, or which are based in or the business activities are concentrated on the Asia Pacific region or by governments in the Asia Pacific region.