New Star Investment Trust plc (NSI) to Issue Dividend of GBX 24 on August 8th

New Star Investment Trust plc (LON:NSI) announced a dividend on Friday, June 21st, Upcoming.Co.Uk reports. Shareholders of record on Thursday, July 25th will be paid a dividend of GBX 24 ($0.31) per share on Thursday, August 8th. This represents a dividend yield of 20.34%. The ex-dividend date of this dividend is Thursday, July 25th. This is a boost from New Star Investment Trust’s previous dividend of $1.70. The official announcement can be seen at this link.

New Star Investment Trust Stock Performance

Shares of LON NSI opened at GBX 133 ($1.72) on Tuesday. The business has a 50 day simple moving average of GBX 121.76 and a 200 day simple moving average of GBX 118.25. New Star Investment Trust has a 52 week low of GBX 105 ($1.36) and a 52 week high of GBX 150 ($1.94). The stock has a market cap of £94.46 million, a price-to-earnings ratio of 2,730.00 and a beta of 0.30.

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.