North American Income Trust (LON:NAIT) Insider Patrick Edwardson Sells 10,000 Shares of Stock

North American Income Trust (LON:NAIT) insider Patrick Edwardson sold 10,000 shares of the business’s stock in a transaction that occurred on Monday, October 7th. The stock was sold at an average price of GBX 317 ($4.15), for a total transaction of £31,700 ($41,486.72).

Patrick Edwardson also recently made the following trade(s):

• On Monday, July 22nd, Patrick Edwardson purchased 100,000 shares of North American Income Trust stock. The stock was bought at an average cost of GBX 300 ($3.93) per share, with a total value of £300,000 ($392,618.77).
• On Wednesday, July 17th, Patrick Edwardson acquired 83,755 shares of North American Income Trust stock. The shares were bought at an average cost of GBX 297 ($3.89) per share, for a total transaction of £248,752.35 ($325,549.47).
• On Monday, July 15th, Patrick Edwardson bought 16,245 shares of North American Income Trust stock. The stock was bought at an average price of GBX 297 ($3.89) per share, with a total value of £48,247.65 ($63,143.11).

North American Income Trust Trading Up 1.2 %

Shares of NAIT stock opened at GBX 321 ($4.20) on Friday. North American Income Trust has a 12 month low of GBX 254 ($3.32) and a 12 month high of GBX 321.50 ($4.21). The company has a market cap of £416.14 million, a PE ratio of -4,585.71 and a beta of 0.66. 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 business’s 50 day moving average is GBX 306.06 and its two-hundred day moving average is GBX 297.84.

North American Income Trust Dividend Announcement

The company also recently announced a dividend, which will be paid on Thursday, October 31st. Investors of record on Thursday, October 10th will be issued a GBX 2.70 ($0.04) dividend. The ex-dividend date of this dividend is Thursday, October 10th. This represents a yield of 0.88%. North American Income Trust’s dividend payout ratio (DPR) is presently -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.