Magellan High Conviction Trust [ASX:MHH] share price and news 2022

Company Description

Magellan High Conviction Trust (MHH) is a listed investment trust. It has been registered as a managed investment scheme under the Corporations Act. Investors can access the Magellan High Conviction Strategy either as an unlisted managed fund or as a Listed Investment Trust listed on the ASX.

Magellan High Conviction Trust belongs to Financials sector and under industry of Asset Management & Custody Banks. You can get more information about this company via their website:

This a small cap company with market cap of 871 millions.

Compared to Market and Sector

The following table compares the company to Market and Sector based on Earning, Price/Earning ratio(P/E), Price/Book ratio (P/B) and PE growth.

Company PE is greater than both sector and market. while Company PB is less than both sector and market. On the other hand, Company Earning is less than both sector and market.

Earnings PE PB PE growth
Company 0 33.9 0.94 0
Market 0.85 22.3 1.99 0.84
Sector 1.02 23.4 1.15 1.09

Dividend Growth Chart

The following chart shows you how mhh dividend grows in the recent years.