The North American Income Trust plc

NAIT

GB00BJ00Z303

Investment Trusts

Delayed London S.E. Other stock markets 12:34:51 26/06/2024 pm IST			5-day change	1st Jan Change
298 ^GBX	-0.67%		+1.36%	+2.76%

21/06	The North American Income Trust plc Declares First Interim Dividend in Respect of the Year to 31 January 2025, Payable on 25 July 2024	CI
21/06	The North American Income Trust plc's Equity Buyback announced on July 25, 2023, has expired.	CI

North American Income announces conditional tender offer

June 15, 2024 at 12:58 am IST

The North American Income Trust PLC - Edinburgh, Scotland-based investment company - Announces a conditional tender offer of up to 15% of shares outstanding to prevent trading at a price discount to net asset value. Sets calculation date of September 30 2027. Will issue offer if either the NAV total return has not exceeded the total return of the S&P High Yield Dividend Aristocrats Index by the calculation date, or if the average stock price cum-income NAV discount in six months prior to calculation date is greater than 7%. Any potential tender offer to reflect 2% discount to cum-income NAV, minus costs.

Current share price: 294.00 pence

12-month change : up 6.1%

By Aidan Lane, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Latest news about The North American Income Trust plc

The North American Income Trust plc Declares First Interim Dividend in Respect of the Year to 31 January 2025, Payable on 25 July 2024	21/06	CI
The North American Income Trust plc's Equity Buyback announced on July 25, 2023, has expired.	21/06	CI
The North American Income Trust plc commences an Equity Buyback Plan for 20,411,147 shares, representing 14.99% of its issued share capital, under the authorization approved on June 21, 2024.	21/06	CI
North American Income announces conditional tender offer	15/06	AN
North American Income replaces investment manager	09/05	AN
North American IT underperforms as materials sector struggles	05/04	AN
The North American Income Trust plc Reports Earnings Results for the Full Year Ended January 31, 2024	05/04	CI
Tranche Update on The North American Income Trust plc's Equity Buyback announced on July 25, 2023.	05/04	CI
The North American Income Trust plc Declares Fourth Interim Dividend in Respect of Respect of the Year Ended 31 January 2024, Payable on 3 May 2024	27/03	CI
The North American Income Trust plc Expects to Pay Fourth Quarterly Interim Dividend for the Year to 31 January 2024	19/12	CI
The North American Income Trust plc Declares Third Interim Dividend in Respect of the Year to 31 January 2024, Payable on 19 January 2024	19/12	CI
North American IT net assets fall; underperforms benchmark	05/23/05	AN
The North American Income Trust plc Declares Second Quarterly Dividend for the Year to 31 January 2024, Payable on 27 October 2023; Provides Dividend Guidance for the Third Interim Dividend, Payable on February 2024	05/23/05	CI
The North American Income Trust plc Reports Earnings Results for the Half Year Ended July 31, 2023	05/23/05	CI
The North American Income Trust plc commences an Equity Buyback Plan for 21,021,188 shares, representing 14.99% of its issued share capital, under the authorization approved on June 8, 2023.	25/23/25	CI
North American IT aims for another year of dividend growth	12/23/12	AN
The North American Income Trust plc Provides Dividend Guidance for the Fourth Quarter Interim Dividend in Respect of the Year to 31 January 2024	12/23/12	CI
The North American Income Trust plc Provides Dividend Guidance Two Further Quarterly Dividends Respect of the Year to 31 January 2024	12/23/12	CI
The North American Income Trust plc Declares First Interim Dividend in Respect of the Year to 31 January 2024, Payable on 4 August 2023	12/23/12	CI
North American Income Trust net asset value grows amid bullish dollar	05/23/05	AN
Earnings Flash (NAIT.L) NORTH AMERICAN INCOME TRUST Reports FY23 EPS GBX337.21	05/23/05	MT
The North American Income Trust plc Reports Earnings Results for the Full Year Ended January 31, 2023	05/23/05	CI
The North American Income Trust plc Declares Final Dividend for the Year Ended January 31, 2023, Payable on June 12, 2023	05/23/05	CI
UK dividends calendar - next 7 days	23/23/23	AN
UK dividends calendar - next 7 days	22/23/22	AN

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Company Profile

The North American Income Trust plc is a United Kingdom-based investment trust. The Companyâs objective is to provide investors with dividend income and long-term capital growth through management of a portfolio consisting predominately of S&P 500 United States equities. The Company invests in a portfolio predominantly comprised of S&P 500 constituents. The Company may also invest in Canadian stocks and United States mid and small capitalization companies. The Company may invest up to 20% of its gross assets in fixed income investments, which may include non-investment grade debt. Its investment policy is to invest in all types of securities, including equities, preference shares, debt, convertible securities, warrants, depositary receipts and other equity-related securities. abrdn Inc. acts as the investment manager of the Company. abrdn Fund Managers Limited acts as its alternative investment fund manager.

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Investment Trusts

Calendar

24/09/2024 - Q2 2025 Earnings Release (Projected)

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Income Statement Evolution

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