North American Income Trust (NAIT) To Go Ex-Dividend on March 27th

North American Income Trust (LON:NAIT) announced a dividend on Monday, March 24th, Upcoming Dividends.Co.Uk reports. Investors of record on Thursday, March 27th will be given 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 of this dividend 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 seen at this link.

North American Income Trust Stock Performance

NAIT opened at GBX 330.21 ($4.27) on Tuesday. The company has a 50 day simple moving average of GBX 338.35 and a two-hundred day simple moving average of GBX 329.36. The company has a debt-to-equity ratio of 8.54, a current ratio of 12.03 and a quick ratio of 7.40. The firm has a market cap of £405.47 million, a P/E ratio of 8.13 and a beta of 0.66. North American Income Trust has a 1-year low of GBX 276 ($3.57) and a 1-year high of GBX 352 ($4.55).

Insiders Place Their Bets

In other North American Income Trust news, insider Charles Park purchased 95,000 shares of the stock in a transaction that occurred on Thursday, January 30th. The shares were bought at an average cost of GBX 344 ($4.45) per share, with a total value of £326,800 ($422,276.78). 8.11% of the stock is currently owned by company insiders.

About North American Income Trust

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