New Star Investment Trust (LON:NSI) Releases Quarterly Earnings Results

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

New Star Investment Trust Trading Down 0.4 %

LON:NSI opened at GBX 113.55 ($1.47) on Tuesday. The firm has a market capitalization of £86.54 million, a PE ratio of 5.89 and a beta of 0.30. New Star Investment Trust has a 1 year low of GBX 97.42 ($1.26) and a 1 year high of GBX 150 ($1.94). The firm’s fifty day simple moving average is GBX 110.66 and its 200 day simple moving average is GBX 108.38.

New Star Investment Trust Announces Dividend

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