North American Income Trust PLC (LON:NAIT) Declares Dividend Increase – GBX 18 Per Share

North American Income Trust PLC (LON:NAIT) announced a dividend on Thursday, April 11th, Upcoming.Co.Uk reports. Stockholders of record on Thursday, May 9th will be paid a dividend of GBX 18 ($0.24) per share on Friday, June 7th. This represents a dividend yield of 1.25%. The ex-dividend date of this dividend is Thursday, May 9th. This is an increase from North American Income Trust’s previous dividend of $8.50. The official announcement can be viewed at this link.

Shares of North American Income Trust stock traded up GBX 10 ($0.13) on Thursday, reaching GBX 1,420 ($18.55). 12,127 shares of the stock were exchanged, compared to its average volume of 28,787. North American Income Trust has a one year low of GBX 14.46 ($0.19) and a one year high of GBX 1,505 ($19.67). The company has a current ratio of 0.48, a quick ratio of 0.48 and a debt-to-equity ratio of 9.53. The company has a market cap of $403.71 million and a PE ratio of 21.98.

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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.

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Dividend History for North American Income Trust (LON:NAIT)

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