North American Income Trust (LON:NAIT) Raises Dividend to GBX 3.90 Per Share

North American Income Trust (LON:NAIT) declared a dividend on Wednesday, March 27th, Upcoming.Co.Uk reports. Shareholders of record on Thursday, April 11th will be given 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 an increase from North American Income Trust’s previous dividend of $2.60. The official announcement can be viewed at this link.

North American Income Trust Stock Up 0.3 %

LON NAIT traded up GBX 1 ($0.01) during trading hours on Wednesday, reaching GBX 290 ($3.66). 243,099 shares of the company’s stock were exchanged, compared to its average volume of 225,695. North American Income Trust has a one year low of GBX 254 ($3.21) and a one year high of GBX 292.44 ($3.70). The company has a debt-to-equity ratio of 8.72, a quick ratio of 7.40 and a current ratio of 1.99. The company’s 50-day moving average is GBX 286.20 and its two-hundred day moving average is GBX 278.36. The company has a market capitalization of £398.32 million, a price-to-earnings ratio of 14,511.00 and a beta of 0.70.

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.