Henderson European Trust (LON:HET) Shares Up 0.6% – Time to Buy?

Posted by Paula Ricardo on Jan 11th, 2025

Henderson European Trust plc (LON:HET – Get Free Report) rose 0.6% during mid-day trading on Thursday . The stock traded as high as GBX 177 ($2.16) and last traded at GBX 176 ($2.15). Approximately 440,759 shares traded hands during trading, an increase of 17% from the average daily volume of 376,134 shares. The stock had previously closed at GBX 175 ($2.14).

Henderson European Trust Stock Performance

The stock has a market cap of £581.98 million, a PE ratio of 516.18 and a beta of 0.87. The business’s 50-day moving average price is GBX 174.75.

Henderson European Trust Dividend Announcement

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

Insiders Place Their Bets

In other news, insider Marco Bianconi bought 1,000 shares of the firm’s stock in a transaction on Wednesday, October 16th. The shares were bought at an average cost of GBX 173 ($2.11) per share, for a total transaction of £1,730 ($2,112.33). Insiders own 5.36% of the company’s stock.

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.