North American Income Trust (LON:NAIT) to Issue GBX 2.70 Dividend

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 paid a dividend of GBX 2.70 ($0.03) per share on Thursday, July 25th. This represents a dividend yield of 0.91%. The ex-dividend date of this dividend is Thursday, July 4th. The official announcement can be viewed at this link.

North American Income Trust Stock Up 0.3 %

Shares of NAIT stock traded up GBX 1 ($0.01) on Friday, reaching GBX 296 ($3.76). 146,728 shares of the stock were exchanged, compared to its average volume of 247,384. The company has a current ratio of 1.99, a quick ratio of 7.40 and a debt-to-equity ratio of 8.72. The business's 50 day moving average price is GBX 291.02 and its 200 day moving average price is GBX 287.61. The company has a market capitalization of £406.56 million, a price-to-earnings ratio of 14,800.00 and a beta of 0.70. North American Income Trust has a twelve month low of GBX 254 ($3.23) and a twelve month high of GBX 298 ($3.79).

Insider Activity at North American Income Trust

In related news, insider Charles Park purchased 10,000 shares of North American Income Trust stock in a transaction that occurred on Tuesday, June 4th. The stock was purchased at an average cost of GBX 293 ($3.72) per share, with a total value of £29,300 ($37,229.99). In other North American Income Trust news, insider Susannah Nicklin bought 856 shares of North American Income Trust stock in a transaction dated Friday, May 31st. The stock was acquired at an average cost of GBX 289 ($3.67) per share, with a total value of £2,473.84 ($3,143.38). Also, insider Charles Park bought 10,000 shares of North American Income Trust stock in a transaction dated Tuesday, June 4th. The stock was acquired at an average cost of GBX 293 ($3.72) per share, with a total value of £29,300 ($37,229.99). 8.10% of the stock is owned by corporate insiders.

North American Income Trust Company Profile

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.