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Share Name Share Symbol Market Type Share ISIN Share Description
Henderson High Income Trust Plc LSE:HHI London Ordinary Share GB0009580571 ORD 5P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.0% 181.50 181.50 182.50 183.50 180.00 180.00 85,979 16:25:15
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Equity Investment Instruments 15.0 13.7 10.6 17.1 203

Henderson High Income Share Discussion Threads

Showing 76 to 96 of 100 messages
Chat Pages: 4  3  2  1
DateSubjectAuthorDiscuss
24/5/2021
18:32
Dividend Declaration - HTTPS://www.investegate.co.uk/henderson-highincome--hhi-/rns/dividend-declaration/202105241556206342Z/ Henderson High Income Trust plc announces that a second interim dividend of 2.475p per ordinary share of 5p, in respect of the year ending 31 December 2021, will be paid on 30 July 2021 to holders registered at the close of business on 18 June 2021. This dividend is to be paid from the Company's revenue account. The Company's shares will go ex-dividend on 17 June 2021.
speedsgh
04/4/2021
12:23
North Sea Boy - many thanks for posting the update from the annual report. It's quite reassuring.
zac0_4
01/4/2021
12:01
From the Annual Report released yesterday: "The Company is in the fortunate position of being structured as an investment trust and, as such, has the ability to add surplus income to its revenue reserves in the good years and to draw on these reserves to smooth its dividend payments in the more difficult years. 2020 was an extreme example of a difficult year. Unsurprisingly, COVID-19 has impacted the level of dividends received from the Company's portfolio companies in 2020, but as explained earlier, not by as much as the overall market. The Company has needed to draw only GBP1.7 million from its revenue reserves to contribute to its full year dividend of 9.90p per share. The Company had been building up its revenue reserves in each of the last nine years. At the end of 2019 revenue reserves exceeded GBP10 million, representing nearly 10 months' worth of dividend cover. Having utilised a small portion of these reserves to contribute to the dividend shortfall in 2020, we retained a very healthy balance of almost GBP9 million, well over 8 months' worth of dividend cover at the end of the year. During the course of the year we have been monitoring the level and sustainability of dividends received from our portfolio companies. David has run frequent stress tests of the Company's revenue account under different scenarios looking several years ahead. Although the outlook for dividends is gradually improving, it is clear that it will take time for income to return to the levels enjoyed in 2019 and we anticipate a continued shortfall this year. Nonetheless, David's medium-term forecasts and the relative robustness of the Company's current reserves gives the Board reassurance that, barring unforeseen circumstances, the Company's dividend can be maintained at the current level, utilising revenue reserves where necessary. It remains, therefore, our intention to continue to pay at least the current level of dividend for the foreseeable future. As we emerge from COVID-19, the Board's ambition remains to increase the Company's dividend gradually, but it will be subject to investment conditions at the time and whether we determine such an increase to be sustainable in the future." On this basis, I have taken the personal assumption (IMHO) that the dividend will be at least maintained at current levels for next 12 months, which again in my view, is very satisfactory.. NSB
north sea boy
24/3/2021
13:25
Doubtless further guidance will be given on the dividend going forward when they publish annual results in the near future (last year published on 16 April). My own view FWIW is that maintaining the first interim dividend at the same level as recent quarterly payments should not be viewed as confirmation that they continue to pay out at the same level going forwards. This was from the Interim Results released in Sept 2020... "The first interim dividend of 2.475p per share was paid on 24 April 2020 and the second interim dividend for the same amount was paid on 31 July 2020. At the time that the second interim dividend was announced the Board recorded its current intention to use its revenue reserves where necessary to maintain the quarterly dividend of 2.475p per share for the remainder of this financial year. This continues to be our intention. The Company's revenue stream this year has, of course, been adversely impacted by the recent dividend suspensions, deferrals and cuts by its investee companies. So far 24% of the Company's portfolio have made such announcements. However, the Company is in the fortunate position of being able to draw on revenue reserves which have been deliberately built up over the past 9 years for future "rainy days" and frankly it has been pouring this year! A third interim dividend of 2.475p per share was therefore announced on 23 July 2020, to be paid on 30 October 2020, and the Board currently anticipates a fourth interim dividend for the year at the same level, providing a total dividend for the year of 9.90p per share representing a 1.0% increase over the previous year. It is difficult in these uncertain conditions to forecast the Company's revenues with much accuracy for the years ahead. David Smith, the Fund Manager, runs frequent stress testing of the company's revenue account under different scenarios and this gives the Board reassurance of the relative robustness of the company's revenue reserves in the medium term. As the timing and the level of investee companies' dividends become clearer in the future, we will be able to provide further guidance on the Company's dividend."
speedsgh
23/3/2021
16:40
Excellent.
rcturner2
23/3/2021
16:01
23 March 2021 HENDERSON HIGH INCOME TRUST PLC PAYMENT OF FIRST INTERIM DIVIDEND Henderson High Income Trust plc announces that a first interim dividend of 2.475p per ordinary share of 5p, in respect of the year ending 31 December 2021, will be paid on 30 April 2021 to holders registered at the close of business on 6 April 2021. This dividend is to be paid from the Company's revenue account. The Company's shares will go ex-dividend on 1 April 2021.
aleman
20/3/2021
04:38
I see RCTurner still haunts this thread like a bad smell.
quepassa
19/3/2021
20:13
These are the top 25 holdings: BRITISH AMER TOBACCO GBP0.25 RIO TINTO ORD GBP0.1 GLAXOSMITHKLINE ORD GBP0.25 DIAGEO GBP28.93518 UNILEVER GBP0.031111 RELX GBP14.4397 ANGLO AMER USD0.54945 TESCO ORD GBP0.05 ROYAL DUTCH SHELL B SHS EUR0.07 VODAFONE GRP USD0.2095 NATL GRID ORD GBP0.12431289 3I GRP GBP0.738636 BP USD0.25 PHOENIX GRP HLDGS PLC GBP 0.1 IMPERIAL BRANDS GBP0.1 SEVERN TRENT GBP0.9789 HILTON FOOD GRP ORD GBP0.1 JOHNSON MATTHEY GBP1.101698 ST.JAMES'S PLACE ORD GBP0.15 INTERMED CAP GRP ORD GBP0.2625 M&G GBP0.05 UNITED UTILITIES GRP GBP0.05 HCA 5% 15/03/24 USD SSE GBP0.5 TEXAS INSTRUMENTS USD1 BRITVIC GBP0.2 I don't see anything in there that gives rise to any dividend worries.
rcturner2
19/3/2021
17:15
Thanks for that bit of detail that I had missed Aleman. Holding a reasonable chunk of these now, and as an income investor, I never feel comfortable until the divi has been announced. NSB
north sea boy
19/3/2021
15:44
Last year, 1st interim dividend was announced March 12th and annual report April 16th.
aleman
19/3/2021
14:59
Correction on the above; the Jan divi was the 4th, so this will be the 1st interim. But the 2020 accounts for year ended 31 Dec should now also be getting issued? NSB
north sea boy
19/3/2021
14:56
Yes I agree; its not the first time that they have been late with a divi announcement before, but I think this is the Q4 divi, and would therefore have expected an annual report as well? Never understood why IT's like these can't publish their financial calendar in advance like most FTSE companies do. NSB
north sea boy
19/3/2021
12:46
Divi announcement usually made by now......
bullsvbears
01/3/2021
11:29
What’s the reason ? Divi announcement this month?
r4end
01/3/2021
10:10
nice spike higher this morning
mister md
30/11/2020
15:45
Thanks zac0_4 for the link Looks like a solid hold here for these turbulent times!
uhound
17/11/2020
13:58
Dividend Declaration - HTTPS://www.investegate.co.uk/henderson-highincome--hhi-/rns/dividend-declaration/202011171340106149F/ Henderson High Income Trust plc announces that a fourth interim dividend of 2.475p per ordinary share of 5p, in respect of the year ending 31 December 2020, will be paid on 29 January 2021 to holders registered at the close of business on 11 December 2020. This dividend is to be paid from the Company's revenue account. The Company's shares will go ex-dividend on 10 December 2020.
speedsgh
01/10/2020
17:16
mbu69 That is a difficult one . There is the option of buying a basket of the big Techs. Ride the stimulus momentum . At some point that will stop and reverse . When it does the drop will be insane !.. I am going to leave that , it would be my luck the reverse happened the day after my Purchase :-) I have had HFE many years back . Invested about a year after the Asian currency crisis. The profit was very chunky. At some point I wish to try my luck with HHI . I just cant see them not cutting the dividend though. I could well be wrong on that ?.. This Winter is going to be very messy and very sad !..I like compounding theory but if you are in at the wrong point it compounds the wrong way . I am going to wait till at least March . Good Luck . I will be in in due course . Regards
superiorshares
29/9/2020
17:34
I would leave out the "capital destruction" because I don't believe I can pick to top or bottom of the market. I can in hindsight of course.I don't know what next year / 10 years will bring. It's not great now granted. But would I really sell now ? What would I buy instead ?
mbu69
29/9/2020
17:06
mbu69. . why on earth would you leave out the Capital destruction ? What is your holding value today ? I see your thousand at £ 3.65. At some point I will put into HHI . There will be a dividend cut first. looking at both HHI and MRCH there share prices are at the same price today that they were Ten Years ago . MRCH lower than ten years ago . Not Good !
superiorshares
29/9/2020
09:44
Feels like the wrong thread but this is my SIPP MRCH holding compounding all by it's self ( except one top up in March this year ) It's an income trust so ignore the capital value at this point in time and look at the effect of quarterly compounding and increasing dividends over 3 or so years on the income from it. Good? Bad? ....... If they can maintain the dividend i'd say good. I'm sure this would be similar with HHI. 22/05/2017 128 £4.93 £635.70 15/08/2017 132 £4.83 £643.11 20/11/2017 138 £4.77 £663.30 06/03/2018 140 £4.77 £672.14 01/06/2018 130 £5.29 £691.40 24/08/2018 139 £5.08 £709.65 19/11/2018 150 £4.82 £727.62 08/03/2019 150 £4.89 £738.17 24/05/2019 157 £4.81 £758.95 22/08/2019 168 £4.62 £781.03 14/11/2019 159 £5.03 £803.77 13/03/2020 205 £3.96 £815.86 31/03/2020 1000 £3.65 £3676.24 02/06/2020 221 £4.05 £900.45 21/08/2020 253 £3.6 £915.35
mbu69
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