North American Income Trust (LON:NAIT) Stock Price Passes Below Fifty Day Moving Average of $287.38

North American Income Trust (LON:NAIT) shares passed below its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of GBX 287.38 ($3.58) and traded as low as GBX 280 ($3.49). North American Income Trust shares last traded at GBX 280 ($3.49), with a volume of 46,042 shares changing hands.

North American Income Trust Stock Up 0.4 %

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 firm has a market cap of £383.21 million, a PE ratio of 13,900.00 and a beta of 0.70. The firm’s 50 day moving average is GBX 286.96 and its 200-day moving average is GBX 279.44.

North American Income Trust Increases Dividend

The business also recently declared a dividend, which will be paid on Friday, May 3rd. Shareholders of record on Thursday, April 11th will be paid a dividend of GBX 3.90 ($0.05) per share. The ex-dividend date of this dividend is Thursday, April 11th. This represents a yield of 1.34%. This is an increase from North American Income Trust’s previous dividend of $2.60. North American Income Trust’s dividend payout ratio (DPR) is currently 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.