Update research from QuotedData

RNS Number : 4885N

Henderson High Income Trust PLC

20 May 2020

 

Henderson High Income Trust - Update research from QuotedData

20^th May 2020

Able to commit to the dividend

Recent market falls have left Henderson High Income Trust (HHI) trading on a 7.3% dividend yield. This is a significant premium to the yield on the UK market, which has been hit by a swathe of dividend cuts. The board are well aware of the reliance that many investors have on the income paid by the trust. Fortunately, HHI's sources of revenue are diversified and it had revenue reserves of 8.3p per share at the beginning of the year. Given this, the board felt confident enough to announce their intention to maintain the quarterly dividend at 2.475p for the remainder of the trust's financial year ended 31 December 2020.

Full research:

https://quoteddata.com/research/henderson-high-income-trust-able-commit-dividend/

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NB: Marten & Co was paid to produce this note on Henderson High Income Trust Plc and it is for information purposes only. It is not intended to encourage the reader to deal in the security or securities mentioned in this report. Please read the important information at the back of this note. QuotedData is a trading name of Marten & Co Limited which is authorised and regulated by the FCA. Marten & Co is not permitted to provide investment advice to individual investors categorised as Retail Clients under the rules of the Financial Conduct Authority.

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