North American Income Trust (NAIT) To Go Ex-Dividend on January 2nd

North American Income Trust (LON:NAIT) announced a dividend on Wednesday, December 11th,Upcoming Dividends.Co.Uk reports. Stockholders of record on Thursday, January 2nd will be given a dividend of GBX 2.70 ($0.03) per share on Friday, January 31st. This represents a dividend yield of 0.81%. The ex-dividend date of this dividend is Thursday, January 2nd. The official announcement can be seen at this link.

North American Income Trust Stock Down 0.0 %

Shares of NAIT stock opened at GBX 334.86 ($4.24) on Friday. The stock’s 50 day simple moving average is GBX 331.60 and its 200 day simple moving average is GBX 311.27. North American Income Trust has a twelve month low of GBX 271 ($3.44) and a twelve month high of GBX 348 ($4.41). The company has a debt-to-equity ratio of 8.98, a quick ratio of 7.40 and a current ratio of 14.91. The company has a market capitalization of £434.11 million, a price-to-earnings ratio of -4,785.71 and a beta of 0.66.

Insider Buying and Selling

In other news, insider Patrick Edwardson sold 10,000 shares of the company’s stock in a transaction dated Monday, October 7th. The shares were sold at an average price of GBX 317 ($4.02), for a total transaction of £31,700 ($40,182.53). Also, insider Charles Park bought 15,000 shares of North American Income Trust stock in a transaction that occurred on Thursday, October 10th. The stock was bought at an average price of GBX 321 ($4.07) per share, with a total value of £48,150 ($61,034.35). 8.11% of the stock is owned by insiders.

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.