New Star Investment Trust (LON:NSI) Releases Earnings Results

New Star Investment Trust (LON:NSI) announced its earnings results on Monday. The company reported GBX 4.05 ($0.05) EPS for the quarter, Digital Look Earnings reports. New Star Investment Trust had a net margin of 92.75% and a return on equity of 11.02%.

New Star Investment Trust Trading Down 0.4 %

New Star Investment Trust stock opened at GBX 113.55 ($1.47) on Wednesday. The company has a market capitalization of £86.54 million, a price-to-earnings ratio of 5.89 and a beta of 0.30. The stock’s 50 day moving average is GBX 110.71 and its 200-day moving average is GBX 108.46. New Star Investment Trust has a 12 month low of GBX 97.42 ($1.26) and a 12 month high of GBX 150 ($1.94).

New Star Investment Trust Announces Dividend

The company also recently disclosed a dividend, which will be paid on Tuesday, April 29th. Stockholders of record on Thursday, April 3rd will be issued a dividend of GBX 1.70 ($0.02) per share. This represents a dividend yield of 1.56%. The ex-dividend date is Thursday, April 3rd. New Star Investment Trust’s dividend payout ratio is presently 15.57%.

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.