North American Income Trust PLC (LON:NAIT) to Issue GBX 1.80 Dividend
North American Income Trust PLC (LON:NAIT) announced a dividend on Monday, July 6th, Upcoming.Co.Uk reports. Shareholders of record on Thursday, July 16th will be given a dividend of GBX 1.80 ($0.02) per share on Friday, August 7th. This represents a yield of 0.73%. The ex-dividend date is Thursday, July 16th. The official announcement can be viewed at this link.
LON NAIT opened at GBX 230 ($2.83) on Tuesday. The company has a quick ratio of 1.15, a current ratio of 1.15 and a debt-to-equity ratio of 4.58. The stock has a market cap of $355.33 million and a PE ratio of 13.59. The business has a 50-day moving average price of GBX 241.23 and a 200 day moving average price of GBX 252.96.
In other news, insider Charles Park bought 11,000 shares of the stock in a transaction on Tuesday, May 26th. The shares were acquired at an average cost of GBX 227 ($2.79) per share, for a total transaction of £24,970 ($30,728.53).
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.
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