Henderson European Trust (LON:HET) Reaches New 12-Month High – What’s Next?

Henderson European Trust plc (LON:HET) shares hit a new 52-week high during trading on Thursday . The company traded as high as GBX 193 ($2.49) and last traded at GBX 193 ($2.49), with a volume of 30118 shares traded. The stock had previously closed at GBX 191.50 ($2.48).

Henderson European Trust Price Performance

The business has a 50-day simple moving average of GBX 184.29 and a 200 day simple moving average of GBX 179.44. The firm has a market cap of £633.38 million, a PE ratio of 561.76 and a beta of 0.87.

Henderson European Trust (LON:HET) last announced its earnings results on Thursday, December 12th. The company reported GBX 4.43 ($0.06) earnings per share (EPS) for the quarter. Henderson European Trust had a net margin of 95.15% and a return on equity of 17.54%.

Henderson European Trust Announces Dividend

The company also recently declared a dividend, which was paid on Monday, February 3rd. Shareholders of record on Thursday, January 2nd were issued a dividend of GBX 1.30 ($0.02) per share. This represents a yield of 0.73%. The ex-dividend date of this dividend was Thursday, January 2nd. Henderson European Trust’s dividend payout ratio is currently 1,764.71%.

Henderson European Trust Company Profile

Henderson European Focus Trust plc is a closed-ended equity mutual fund launched and managed by Henderson Investment Funds Limited. It is co-managed by Henderson Global Investors Limited. The fund invests in public equity markets of Continental Europe. It seeks to invest in stocks of companies operating across diversified sectors.