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IN BRIEF: North American Income Raises Payout But Loses To Benchmark

18th Sep 2020 14:43

North American Income Trust PLC - Investor predominantly focused on S&P 500 equities - Net asset value per share at July 31, end of first half, down 14% to 248.99 pence from 288.91p at the end of January. Posts NAV total return of negative 12%, outperformed by Russell 1000 Value reference index which returned negative 11%. Raises payout 5.9% to 3.6p from 3.4p.

Current stock price: 221.06p

Year-to-date change: down 27%

By Eric Cunha; [email protected]

Copyright 2020 Alliance News Limited. All Rights Reserved.


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