North American Income Trust (LON:NAIT) Declares Dividend Increase - GBX 6.90 Per Share

North American Income Trust (LON:NAIT - Get Free Report) declared a dividend on Monday, March 24th, Upcoming Dividends.Co.Uk reports. Investors of record on Thursday, March 27th will be paid a dividend of GBX 6.90 ($0.09) per share on Monday, March 31st. This represents a yield of 2.56%. The ex-dividend date 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 accessed at this link.

North American Income Trust Trading Down 0.5 %

LON NAIT opened at GBX 324.22 ($4.20) on Friday. The stock has a market cap of £398.12 million, a P/E ratio of 7.98 and a beta of 0.66. North American Income Trust has a fifty-two week low of GBX 276 ($3.57) and a fifty-two week high of GBX 352 ($4.56). The stock has a 50 day simple moving average of GBX 337.35 and a two-hundred day simple moving average of GBX 329.84. The company has a debt-to-equity ratio of 8.54, a quick ratio of 7.40 and a current ratio of 12.03.

Insider Buying and Selling

In other news, insider Charles Park bought 95,000 shares of the stock in a transaction dated Thursday, January 30th. The stock was bought at an average price of GBX 344 ($4.45) per share, for a total transaction of £326,800 ($422,987.32). 8.11% of the stock is currently owned by insiders.

North American Income Trust Company Profile

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