North American Income Trust (LON:NAIT) Declares Dividend Increase – GBX 3.90 Per Share

North American Income Trust (LON:NAIT) announced a dividend on Wednesday, March 27th, Upcoming.Co.Uk reports. Shareholders of record on Thursday, April 11th will be paid a dividend of GBX 3.90 ($0.05) per share on Friday, May 3rd. This represents a yield of 1.34%. The ex-dividend date is Thursday, April 11th. This is a boost from North American Income Trust’s previous dividend of $2.60. The official announcement can be seen at this link.

North American Income Trust Stock Down 0.5 %

North American Income Trust stock opened at GBX 288.54 ($3.65) on Thursday. North American Income Trust has a fifty-two week low of GBX 254 ($3.21) and a fifty-two week high of GBX 292.44 ($3.70). The firm has a market capitalization of £396.32 million, a PE ratio of 14,512.00 and a beta of 0.70. The company’s 50-day moving average is GBX 286.30 and its 200-day moving average is GBX 278.44. The company has a debt-to-equity ratio of 8.72, a current ratio of 1.99 and a quick ratio of 7.40.

North American Income Trust Company Profile

The North American Income Trust plc is an exchange traded fund launched and managed by Aberdeen Fund Managers Limited. The fund invests in the public equity markets of the United States. It seeks to invest in the stocks of companies operating across diversified sectors. The fund invests in the stocks of large-cap companies, within the market capitalization range of S&P 500 Index.