North American Income Trust (LON:NAIT - Get Free Report)'s stock price passed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of GBX 338.51 ($4.37) and traded as low as GBX 324.44 ($4.19). North American Income Trust shares last traded at GBX 330 ($4.26), with a volume of 139,600 shares.
North American Income Trust Trading Up 2.2 %
The company has a current ratio of 12.03, a quick ratio of 7.40 and a debt-to-equity ratio of 8.54. The company has a market cap of £406.44 million, a price-to-earnings ratio of 8.15 and a beta of 0.66. The firm has a 50-day moving average price of GBX 338.37 and a 200 day moving average price of GBX 329.35.
North American Income Trust Increases Dividend
The firm also recently announced a dividend, which will be paid on Monday, March 31st. Shareholders of record on Thursday, March 27th will be paid a dividend of GBX 6.90 ($0.09) per share. This is a positive change from North American Income Trust's previous dividend of $2.70. The ex-dividend date of this dividend is Thursday, March 27th. This represents a yield of 2.56%. North American Income Trust's payout ratio is presently 29.54%.
Insider Transactions at North American Income Trust
In other news, insider Charles Park purchased 95,000 shares of the stock in a transaction dated Thursday, January 30th. The stock was acquired at an average price of GBX 344 ($4.44) per share, for a total transaction of £326,800 ($422,004.13). Insiders own 8.11% of the company's stock.
North American Income Trust Company Profile
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