Research from QuotedData
Updated : 13:12
North American Income Trust - Research from QuotedData
8th August 2022
Next generation dividend hero
After a few difficult years, the North American Income Trust (NAIT) has plenty to feel good about in 2022. It has enjoyed a turnaround in performance as its value style of investing has come back in favour. As we discuss on page 4, investors have been rotating away from growth stocks on the back of inflation fears. Acknowledging these fears, NAIT's manager, Fran Radano, is confident that the trust can provide an income stream that should outpace US inflation.
Meanwhile, the trust, which has been run in its current form since 2012, achieved 'next generation dividend hero' status this year (a commendation awarded by the Association of Investment Companies), as it has managed to increase its dividend every year for 10 consecutive years. It has also built up sufficient revenue reserves to cover more than a full year's dividend at current rates.
Full research:
https://quoteddata.com/research/north-american-income-trust-generation-dividend-hero-qd/
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NB: Marten & Co was paid to produce this note on The North American Income Trust Plc and it is for information purposes only. It is not intended to encourage the reader to deal in the security or securities mentioned in this report. Please read the important information at the back of this note. QuotedData is a trading name of Marten & Co Limited which is authorised and regulated by the FCA. Marten & Co is not permitted to provide investment advice to individual investors.
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