North American Income Trust (NAIT) To Go Ex-Dividend on April 11th

North American Income Trust (LON:NAIT) announced a dividend on Wednesday, March 27th, Upcoming.Co.Uk reports. Shareholders of record on Thursday, April 11th will be given a dividend of GBX 3.90 ($0.05) per share on Friday, May 3rd. This represents a yield of 1.34%. The ex-dividend date is Thursday, April 11th. This is a boost from North American Income Trust’s previous dividend of $2.60. The official announcement can be seen at this link.

North American Income Trust Stock Performance

Shares of NAIT opened at GBX 294 ($3.72) on Friday. The company has a quick ratio of 7.40, a current ratio of 1.99 and a debt-to-equity ratio of 8.72. North American Income Trust has a 52-week low of GBX 254 ($3.21) and a 52-week high of GBX 294 ($3.72). The company has a 50-day simple moving average of GBX 286.49 and a 200-day simple moving average of GBX 278.55. The company has a market capitalization of £403.81 million, a PE ratio of 14,700.00 and a beta of 0.70.

About North American Income Trust

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.