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

New Star Investment Trust plc (LON:NSI) announced a dividend on Friday, June 21st, Upcoming.Co.Uk reports. Investors of record on Thursday, July 25th will be paid 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 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 Down 7.0 %

New Star Investment Trust stock opened at GBX 133 ($1.72) on Tuesday. The stock has a 50-day moving average price of GBX 121.76 and a two-hundred day moving average price of GBX 118.25. New Star Investment Trust has a 12 month low of GBX 105 ($1.36) and a 12 month high of GBX 150 ($1.94). The company has a market capitalization of £94.46 million, a PE ratio of 2,730.00 and a beta of 0.30.

New Star Investment Trust Company Profile

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.