Recent market falls have left Henderson High Income Trust (HHI) trading on a 7.3% 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 (as we explain on page 4) and it had revenue reserves of 8.3p at the beginning of the year. Given this, the board felt confident enough to
20 May 2020
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Henderson High Income Trust PLC (HHI:LON) | 154 -2.3 (-1.0%) | Mkt Cap: 265.1m
- Published:
20 May 2020 -
Author:
Ed Marten -
Pages:
12
Recent market falls have left Henderson High Income Trust (HHI) trading on a 7.3% 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 (as we explain on page 4) and it had revenue reserves of 8.3p at the beginning of the year. Given this, the board felt confident enough to