New Star Investment Trust (LON:NSI) Posts Earnings Results

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

New Star Investment Trust Stock Performance

Shares of NSI stock opened at GBX 113.55 ($1.47) on Wednesday. The firm has a market capitalization of £86.54 million, a price-to-earnings ratio of 5.89 and a beta of 0.30. The company has a 50 day moving average price of GBX 110.71 and a 200 day moving average price of GBX 108.46. New Star Investment Trust has a one year low of GBX 97.42 ($1.26) and a one year high of GBX 150 ($1.94).

New Star Investment Trust Announces Dividend

The business also recently announced a dividend, which will be paid on Tuesday, April 29th. Investors of record on Thursday, April 3rd will be issued a GBX 1.70 ($0.02) dividend. The ex-dividend date of this dividend is Thursday, April 3rd. This represents a yield of 1.56%. New Star Investment Trust’s payout ratio is 15.57%.

About New Star Investment Trust

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.