Henderson Far East Income (LON:HFEL) Releases 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 0.6 %

Shares of HFEL opened at GBX 203.33 ($2.68) on Tuesday. The stock has a market cap of £330.43 million, a PE ratio of -32.03 and a beta of 0.60. Henderson Far East Income has a 12-month low of GBX 182.67 ($2.41) and a 12-month high of GBX 248 ($3.27). The business has a 50-day simple moving average of GBX 216.99 and a two-hundred day simple moving average of GBX 225.85.

Henderson Far East Income Increases Dividend

The company also recently declared a dividend, which was paid on Monday, March 31st. Stockholders of record on Thursday, March 20th were paid a GBX 10.25 ($0.14) dividend. This represents a dividend yield of 1.5%. This is a boost from Henderson Far East Income’s previous dividend of $6.20. The ex-dividend date was Thursday, March 20th. Henderson Far East Income’s dividend payout ratio is presently -393.80%.

About Henderson Far East Income

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.