New Star Investment Trust plc to Issue Dividend of GBX 1.70 (LON:NSI)

New Star Investment Trust plc (LON:NSI) announced a dividend on Monday, March 24th, DividendData.Co.Uk reports. Stockholders of record on Thursday, April 3rd will be given a dividend of GBX 1.70 ($0.02) per share on Tuesday, April 29th. This represents a dividend yield of 1.56%. The ex-dividend date of this dividend is Thursday, April 3rd. The official announcement can be seen at this link.

New Star Investment Trust Stock Performance

NSI stock traded down GBX 0.45 ($0.01) during midday trading on Monday, reaching GBX 113.55 ($1.47). The stock had a trading volume of 2,191 shares, compared to its average volume of 14,093. The firm has a fifty day simple moving average of GBX 110.61 and a two-hundred day simple moving average of GBX 108.34. New Star Investment Trust has a 52-week low of GBX 97.42 ($1.26) and a 52-week high of GBX 150 ($1.94). The stock has a market cap of £86.54 million, a PE ratio of 5.89 and a beta of 0.30.

New Star Investment Trust (LON:NSI) last released its earnings results on Monday, March 24th. The company reported GBX 4.05 ($0.05) EPS for the quarter. New Star Investment Trust had a return on equity of 11.02% and a net margin of 92.75%.

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.