Henderson Far East Income (LON:HFEL) Stock Price Passes Above 50 Day Moving Average of $222.60

Henderson Far East Income (LON:HFEL) crossed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of GBX 222.60 ($2.80) and traded as high as GBX 232.25 ($2.92). Henderson Far East Income shares last traded at GBX 230 ($2.89), with a volume of 323,757 shares.

Henderson Far East Income Price Performance

The company has a debt-to-equity ratio of 7.79, a current ratio of 0.21 and a quick ratio of 0.69. The firm has a market capitalization of £374.64 million, a price-to-earnings ratio of -660.00 and a beta of 0.64. The business’s fifty day simple moving average is GBX 223.20 and its 200 day simple moving average is GBX 213.58.

Henderson Far East Income Announces Dividend

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