Henderson European Trust (LON:HET) Stock Price Down 1.1% – Here’s What Happened

Shares of Henderson European Trust plc (LON:HET) fell 1.1% on Thursday . The stock traded as low as GBX 185 ($2.40) and last traded at GBX 185 ($2.40). 1,901,469 shares traded hands during mid-day trading, an increase of 261% from the average session volume of 526,628 shares. The stock had previously closed at GBX 187 ($2.42).

Henderson European Trust Trading Down 1.1 %

The firm has a market cap of £613.48 million, a P/E ratio of 544.12 and a beta of 0.87. The business has a 50-day moving average price of GBX 187.79 and a 200-day moving average price of GBX 180.05.

Henderson European Trust Announces Dividend

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