Henderson European Trust (LON:HET) Sets New 12-Month Low – Time to Sell?

Henderson European Trust plc (LON:HETGet Free Report) shares hit a new 52-week low during mid-day trading on Friday . The stock traded as low as GBX 168.69 ($2.18) and last traded at GBX 168.69 ($2.18), with a volume of 197119 shares changing hands. The stock had previously closed at GBX 177.60 ($2.29).

Henderson European Trust Trading Down 4.8 %

The company has a market cap of £560.42 million, a P/E ratio of 497.06 and a beta of 0.87. The company has a 50 day moving average price of GBX 187.31 and a 200-day moving average price of GBX 180.19.

Henderson European Trust Dividend Announcement

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

Henderson European Trust Company Profile

(Get Free Report)

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.

Further Reading

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