Henderson Far East Income (LON:HFEL) Announces Earnings Results

Henderson Far East Income (LON:HFEL) posted its quarterly earnings results on Tuesday. The company reported GBX 5.73 ($0.08) EPS for the quarter, Digital Look Earnings reports. Henderson Far East Income had a negative return on equity of 2.82% and a net margin of 589.91%.

Henderson Far East Income Stock Down 0.2 %

HFEL stock traded down GBX 0.48 ($0.01) during midday trading on Thursday, hitting GBX 203.02 ($2.69). The company’s stock had a trading volume of 435,610 shares, compared to its average volume of 602,045. Henderson Far East Income has a 12 month low of GBX 182.67 ($2.42) and a 12 month high of GBX 248 ($3.28). The company has a 50 day moving average of GBX 216.23 and a two-hundred day moving average of GBX 225.48. The firm has a market capitalization of £329.92 million, a price-to-earnings ratio of -31.98 and a beta of 0.60.

Henderson Far East Income Increases Dividend

The firm also recently announced a dividend, which was paid on Monday, March 31st. Investors of record on Thursday, March 20th were paid a dividend of GBX 10.25 ($0.14) per share. This represents a yield of 1.5%. The ex-dividend date was Thursday, March 20th. This is an increase from Henderson Far East Income’s previous dividend of $6.20. Henderson Far East Income’s dividend payout ratio (DPR) is -393.80%.

Henderson Far East Income Company Profile

Henderson Far East Income aims to provide a high level of dividend as well as capital appreciation from a diversified portfolio of investments traded on the Pacific, Australasian, Japanese and Indian stock markets. It makes investments in a diversified portfolio of securities issued by companies listed on stock exchanges in, or which are based in or the business activities are concentrated on the Asia Pacific region or by governments in the Asia Pacific region.