North American Income Trust (LON:NAIT) Sets New 52-Week High – What’s Next?

North American Income Trust (LON:NAIT) shares hit a new 52-week high on Thursday . The stock traded as high as GBX 348 ($4.28) and last traded at GBX 347 ($4.27), with a volume of 323802 shares traded. The stock had previously closed at GBX 346 ($4.26).

North American Income Trust Trading Up 0.3 %

The stock has a market capitalization of £449.85 million, a P/E ratio of -4,957.14 and a beta of 0.66. The stock’s 50 day moving average price is GBX 334.58 and its 200-day moving average price is GBX 318.53. The company has a quick ratio of 7.40, a current ratio of 14.91 and a debt-to-equity ratio of 8.98.

North American Income Trust Announces Dividend

The business also recently announced a dividend, which will be paid on Friday, January 31st. Shareholders of record on Thursday, January 2nd will be given a dividend of GBX 2.70 ($0.03) per share. The ex-dividend date of this dividend is Thursday, January 2nd. This represents a yield of 0.81%. North American Income Trust’s dividend payout ratio (DPR) is presently -17,142.86%.

About North American Income Trust

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