North American Income Trust (NAIT) Sets New 52-Week High at $1,455.00

North American Income Trust PLC (LON:NAIT) shares reached a new 52-week high during mid-day trading on Thursday . The company traded as high as GBX 1,455 ($19.01) and last traded at GBX 1,442.50 ($18.85), with a volume of 24194 shares changing hands. The stock had previously closed at GBX 1,410 ($18.42).

The stock has a market cap of $407.98 million and a PE ratio of 22.21. 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 firm also recently announced a dividend, which will be paid on Friday, June 7th. Investors of record on Thursday, May 9th will be given a dividend of GBX 18 ($0.24) per share. The ex-dividend date is Thursday, May 9th. This is an increase from North American Income Trust’s previous dividend of $8.50. This represents a yield of 1.25%. North American Income Trust’s payout ratio is currently 0.63%.

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About North American Income Trust (LON:NAIT)

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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