North American Income Trust (LON:NAIT) Increases Dividend to GBX 6.90 Per Share

North American Income Trust (LON:NAIT) declared a dividend on Monday, March 24th, Upcoming Dividends.Co.Uk reports. Investors of record on Thursday, March 27th will be given a dividend of GBX 6.90 ($0.09) per share on Monday, March 31st. This represents a dividend yield of 2.56%. The ex-dividend date of this dividend is Thursday, March 27th. This is a 155.6% increase from North American Income Trust’s previous dividend of $2.70. The official announcement can be viewed at this link.

North American Income Trust Price Performance

North American Income Trust stock opened at GBX 332 ($4.29) on Tuesday. North American Income Trust has a 52-week low of GBX 276 ($3.57) and a 52-week high of GBX 352 ($4.55). The company has a market cap of £407.67 million, a price-to-earnings ratio of 8.17 and a beta of 0.66. The firm’s fifty day moving average is GBX 338.35 and its 200 day moving average is GBX 329.36. The company has a quick ratio of 7.40, a current ratio of 12.03 and a debt-to-equity ratio of 8.54.

Insider Activity at North American Income Trust

In other news, insider Charles Park acquired 95,000 shares of the business’s stock in a transaction on Thursday, January 30th. The shares were acquired at an average price of GBX 344 ($4.45) per share, for a total transaction of £326,800 ($422,276.78). 8.11% of the stock is owned by insiders.

North American Income Trust Company Profile

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