Charles Park Purchases 15,000 Shares of North American Income Trust (LON:NAIT) Stock

North American Income Trust (LON:NAIT) insider Charles Park bought 15,000 shares of North American Income Trust stock in a transaction on Thursday, October 10th. The shares were purchased at an average price of GBX 321 ($4.20) per share, for a total transaction of £48,150 ($63,015.31).

North American Income Trust Stock Up 0.6 %

Shares of North American Income Trust stock traded up GBX 2 ($0.03) on Friday, reaching GBX 323 ($4.23). The company’s stock had a trading volume of 98,078 shares, compared to its average volume of 274,847. North American Income Trust has a 52 week low of GBX 254 ($3.32) and a 52 week high of GBX 323.50 ($4.23). The firm’s fifty day simple moving average is GBX 306.06 and its two-hundred day simple moving average is GBX 297.84. The company has a quick ratio of 7.40, a current ratio of 14.91 and a debt-to-equity ratio of 8.98. The company has a market capitalization of £418.74 million, a price-to-earnings ratio of -4,585.71 and a beta of 0.66.

North American Income Trust Dividend Announcement

The business also recently disclosed a dividend, which will be paid on Thursday, October 31st. Stockholders of record on Thursday, October 10th will be issued a dividend of GBX 2.70 ($0.04) per share. The ex-dividend date is Thursday, October 10th. This represents a dividend yield of 0.88%. North American Income Trust’s payout ratio is -17,142.86%.

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.