New Star Investment Trust plc (LON:NSI) to Issue Dividend Increase – GBX 24 Per Share

New Star Investment Trust plc (LON:NSI) declared a dividend on Friday, June 21st, Upcoming.Co.Uk reports. Stockholders of record on Thursday, July 25th will be given a dividend of GBX 24 ($0.31) per share on Thursday, August 8th. This represents a dividend yield of 20.34%. The ex-dividend date of this dividend is Thursday, July 25th. This is a positive change from New Star Investment Trust’s previous dividend of $1.70. The official announcement can be accessed at this link.

New Star Investment Trust Trading Up 3.0 %

Shares of New Star Investment Trust stock opened at GBX 138 ($1.78) on Wednesday. The firm’s 50 day moving average is GBX 122.12 and its 200 day moving average is GBX 118.40. The firm has a market capitalization of £98.01 million, a PE ratio of 2,720.00 and a beta of 0.30. New Star Investment Trust has a 1 year low of GBX 105 ($1.36) and a 1 year high of GBX 150 ($1.94).

About New Star Investment Trust

New Star Investment Trust plc is a closed ended balanced mutual fund of funds launched and managed by Brompton Asset Management LLP. The fund invests in funds which invest in the public equity markets across the globe. It primarily invests in equity, bond, commodity, real estate, currency, pooled investment vehicles, exchange traded funds, futures, options, and limited partnerships.