Henderson European Trust (LON:HET) Sets New 52-Week High – Here’s Why

Henderson European Trust plc (LON:HET)’s share price reached a new 52-week high during trading on Friday . The company traded as high as GBX 192.25 ($2.42) and last traded at GBX 191.55 ($2.41), with a volume of 122956 shares. The stock had previously closed at GBX 191 ($2.40).

Henderson European Trust Stock Performance

The stock has a market capitalization of £633.38 million, a PE ratio of 561.76 and a beta of 0.87. The business has a 50 day moving average of GBX 179.51.

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 for the quarter. Henderson European Trust had a return on equity of 17.54% and a net margin of 95.15%.

Henderson European Trust Dividend Announcement

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

About Henderson European Trust

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.