North American Income Trust (LON:NAIT) to Issue Dividend of GBX 6.90

North American Income Trust (LON:NAIT) declared a dividend on Monday, March 24th, Upcoming Dividends.Co.Uk reports. Shareholders 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 0.3 %

Shares of NAIT stock opened at GBX 329.92 ($4.26) on Tuesday. North American Income Trust has a 12-month low of GBX 276 ($3.57) and a 12-month high of GBX 352 ($4.55). The company has a quick ratio of 7.40, a current ratio of 12.03 and a debt-to-equity ratio of 8.54. The company has a 50 day moving average of GBX 338.35 and a 200-day moving average of GBX 329.36. The firm has a market cap of £405.12 million, a P/E ratio of 8.12 and a beta of 0.66.

Insider Activity

In other North American Income Trust news, insider Charles Park purchased 95,000 shares of the stock in a transaction dated Thursday, January 30th. The shares were bought at an average price of GBX 344 ($4.45) per share, with a total value of £326,800 ($422,276.78). Insiders own 8.11% of the company’s stock.

North American Income Trust Company Profile

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