North American Income Trust (LON:NAIT) Hits New 52-Week High at $297.00

North American Income Trust (LON:NAIT)’s share price reached a new 52-week high on Wednesday . The stock traded as high as GBX 297 ($3.77) and last traded at GBX 297 ($3.77), with a volume of 484020 shares changing hands. The stock had previously closed at GBX 295 ($3.75).

North American Income Trust Trading Up 0.7 %

The company has a quick ratio of 7.40, a current ratio of 1.99 and a debt-to-equity ratio of 8.72. The business has a 50-day simple moving average of GBX 288.03 and a 200-day simple moving average of GBX 283.12. The company has a market cap of £407.93 million, a PE ratio of 14,729.00 and a beta of 0.70.

North American Income Trust Increases Dividend

The company also recently announced a dividend, which was paid on Friday, May 3rd. Investors of record on Thursday, April 11th were issued a dividend of GBX 3.90 ($0.05) per share. This represents a yield of 1.34%. This is a boost from North American Income Trust’s previous dividend of $2.60. The ex-dividend date was Thursday, April 11th. North American Income Trust’s dividend payout ratio (DPR) is 55,000.00%.

North American Income Trust Company Profile

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.