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

North American Income Trust (LON:NAIT)’s share price 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 traded.

North American Income Trust Stock Performance

The firm’s 50-day moving average price is GBX 286.96 and its two-hundred day moving average price is GBX 279.44. The firm has a market capitalization of £383.21 million, a PE ratio of 13,900.00 and a beta of 0.70. 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 Increases Dividend

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