North American Income Trust (LON:NAIT – Get Free Report) declared a dividend on Friday, June 21st, Upcoming.Co.Uk reports. Investors of record on Thursday, July 4th will be given a dividend of GBX 2.70 ($0.03) per share on Thursday, July 25th. This represents a yield of 0.91%. The ex-dividend date of this dividend is Thursday, July 4th. The official announcement can be seen at this link.
North American Income Trust Stock Performance
Shares of LON NAIT opened at GBX 297.92 ($3.77) on Tuesday. North American Income Trust has a 52-week low of GBX 254 ($3.21) and a 52-week high of GBX 301 ($3.81). The stock has a market capitalization of £409.19 million, a price-to-earnings ratio of 15,000.00 and a beta of 0.70. The company has a quick ratio of 7.40, a current ratio of 1.99 and a debt-to-equity ratio of 8.72. The stock’s fifty day simple moving average is GBX 293.18 and its 200 day simple moving average is GBX 288.90.
Insiders Place Their Bets
In other news, insider Susannah Nicklin acquired 856 shares of the firm’s stock in a transaction that occurred on Friday, May 31st. The stock was purchased at an average price of GBX 289 ($3.66) per share, with a total value of £2,473.84 ($3,129.07). In related news, insider Susannah Nicklin purchased 856 shares of the firm’s stock in a transaction that occurred on Friday, May 31st. The stock was acquired at an average cost of GBX 289 ($3.66) per share, for a total transaction of £2,473.84 ($3,129.07). Also, insider Charles Park purchased 10,000 shares of the stock in a transaction dated Tuesday, June 4th. The shares were bought at an average price of GBX 293 ($3.71) per share, for a total transaction of £29,300 ($37,060.46). Corporate insiders own 8.10% of the company’s stock.
About North American Income Trust
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.
Further Reading
- Five stocks we like better than North American Income Trust
- Stock Trading Terms – Stock Terms Every Investor Needs to Know
- 3 Homebuilder Stocks on Edge: Will the Sector Hold Its Ground?
- Insider Selling Explained: Can it Inform Your Investing Choices?
- AI Boosts 3 Renewable Stocks: First Solar, Enphase, Nextracker
- 3 Home Improvement Stocks that Can Upgrade Your Portfolio
- These Top 3 Banks Raise Dividends After Passing Fed Stress Test
Receive News & Ratings for North American Income Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for North American Income Trust and related companies with MarketBeat.com's FREE daily email newsletter.
