Just out24 Nov 2022 12:55
RNS Number : 5204H
Henderson Far East Income Limited
24 November 2022
London, UK, 24 November 2022
Edison issues update on Henderson Far East Income (HFEL)
In our last review of Henderson Far East Income in July, Attractive yield despite modest dividend increase, we drew attention to the dividend increase from what is comfortably the highest yielding fund in the AIC Asia Pacific Equity Income sector. It was pleasing to see that in the company's published full year results to the end of August, the dividends paid by the company were covered and that over £1m was added to the revenue reserves over this period. In this note we examine the drivers of performance, although it must be acknowledged that the weakness of sterling