Henderson Far East Income (LON:HFEL) Share Price Passes Above 50-Day Moving Average of $221.13

Henderson Far East Income (LON:HFEL) shares passed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of GBX 221.13 ($2.73) and traded as high as GBX 234.50 ($2.90). Henderson Far East Income shares last traded at GBX 232 ($2.87), with a volume of 644,092 shares.

Henderson Far East Income Price Performance

The stock has a market capitalization of £369.96 million, a price-to-earnings ratio of -662.86 and a beta of 0.64. The company has a quick ratio of 0.69, a current ratio of 0.21 and a debt-to-equity ratio of 7.79. The business has a 50-day simple moving average of GBX 221.13 and a two-hundred day simple moving average of GBX 212.82.

Henderson Far East Income Dividend Announcement

The company also recently announced a dividend, which will be paid on Friday, May 31st. Shareholders of record on Thursday, April 25th will be paid a dividend of GBX 6.10 ($0.08) per share. This represents a yield of 2.69%. The ex-dividend date is Thursday, April 25th. Henderson Far East Income’s dividend payout ratio (DPR) is currently -6,857.14%.

About Henderson Far East Income

Henderson Far East Income Limited is a closed ended balanced mutual fund launched and managed by Henderson Investment Funds Limited. The fund is managed by Henderson Global Investors Limited. It invests in the public equity and fixed income markets of Pacific, Australasia, Japan, and India. The fund invests in stocks of companies operating across diversified sectors.