New Star Investment Trust (LON:NSI) Releases Earnings Results

New Star Investment Trust (LON:NSI) posted its quarterly earnings results on Monday. The company reported GBX 4.05 ($0.05) EPS for the quarter, Digital Look Earnings reports. New Star Investment Trust had a return on equity of 11.02% and a net margin of 92.75%.

New Star Investment Trust Price Performance

New Star Investment Trust stock opened at GBX 113.55 ($1.47) on Wednesday. The firm has a 50 day simple moving average of GBX 110.71 and a 200-day simple moving average of GBX 108.46. The stock has a market cap of £86.54 million, a price-to-earnings ratio of 5.89 and a beta of 0.30. New Star Investment Trust has a 1-year low of GBX 97.42 ($1.26) and a 1-year high of GBX 150 ($1.94).

New Star Investment Trust Announces Dividend

The company also recently announced a dividend, which will be paid on Tuesday, April 29th. Shareholders of record on Thursday, April 3rd will be paid a dividend of GBX 1.70 ($0.02) per share. This represents a yield of 1.56%. The ex-dividend date of this dividend is Thursday, April 3rd. New Star Investment Trust’s dividend payout ratio (DPR) is presently 15.57%.

New Star Investment Trust Company Profile

New Star Investment Trust plc is a closed ended balanced mutual fund of funds launched and managed by Brompton Asset Management LLP. The fund invests in funds which invest in the public equity markets across the globe. It primarily invests in equity, bond, commodity, real estate, currency, pooled investment vehicles, exchange traded funds, futures, options, and limited partnerships.