The North American Income Trust plc reported unaudited earnings results for the six months ended July 31, 2014. For the six months, the company reported return on ordinary activities before taxation of £19,996,000 against £40,379,000 for the same period a year ago. Return on ordinary activities after taxation was £19,293,000 against £39,741,000 for the same period a year ago. Return per share was 57.87 pence against 124.59 pence for the same period a year ago. Net return before finance costs and taxation was £20,176,000 against £40,536,000 for the same period a year ago. Net asset value per share at July 31, 2014 was 857.64 pence compared to 882.37 pence at July 30, 2013. Net cash inflow from operating activities was £3,151,000 against £3,353,000 for the same period a year ago. The revenue return per Ordinary share for the six months ended 31 July 2014 amounted to 13.8 pence compared to 16.6 pence for the equivalent period in 2013 with dollar earnings being affected by the appreciation of Sterling.

The company declared a second quarterly dividend of 6.0 pence per share, which will take the total dividends for the first half of the fiscal year to 12.0 pence. The second quarterly dividend is payable on October 31, 2014 to shareholders on the register on October 3, 2014.