North American Income Trust (NAIT) To Go Ex-Dividend on October 10th

by · The Cerbat Gem

North American Income Trust (LON:NAIT – Get Free Report) declared a dividend on Monday, September 30th, Upcoming.Co.Uk reports. Shareholders of record on Thursday, October 10th will be paid a dividend of GBX 2.70 ($0.04) per share on Thursday, October 31st. This represents a yield of 0.88%. The ex-dividend date is Thursday, October 10th. The official announcement can be accessed at this link.

North American Income Trust Price Performance

NAIT opened at GBX 319 ($4.17) on Tuesday. The company has a 50 day moving average of GBX 305.14 and a two-hundred day moving average of GBX 297.07. North American Income Trust has a 52-week low of GBX 254 ($3.32) and a 52-week high of GBX 320 ($4.19). The company has a quick ratio of 7.40, a current ratio of 14.91 and a debt-to-equity ratio of 8.98. The company has a market cap of £413.55 million, a P/E ratio of -4,571.43 and a beta of 0.66.

Insider Activity at North American Income Trust

In related news, insider Patrick Edwardson bought 83,755 shares of the company’s stock in a transaction that occurred on Wednesday, July 17th. The shares were acquired at an average cost of GBX 297 ($3.89) per share, for a total transaction of £248,752.35 ($325,549.47). In the last three months, insiders purchased 200,000 shares of company stock worth $59,700,000. Corporate insiders own 8.11% of the company’s stock.

North American Income Trust Company Profile

(Get Free Report)

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.

Read More