Economic Investment Trust Limited to Issue Quarterly Dividend of $0.30 (TSE:EVT)

Economic Investment Trust Limited (TSE:EVT) announced a quarterly dividend on Monday, December 16th,Zacks Dividends reports. Stockholders of record on Tuesday, December 31st will be paid a dividend of 0.30 per share on Tuesday, December 31st. This represents a $1.20 annualized dividend and a dividend yield of 0.73%. The ex-dividend date is Monday, December 16th.

Economic Investment Trust Trading Up 1.2 %

Economic Investment Trust stock opened at C$164.80 on Friday. The business’s 50 day simple moving average is C$169.17 and its 200 day simple moving average is C$157.56. Economic Investment Trust has a 12 month low of C$131.61 and a 12 month high of C$177.71. The company has a market cap of C$926.18 million, a price-to-earnings ratio of 3.20 and a beta of 0.75.

Insider Buying and Selling at Economic Investment Trust

In related news, insider Economic Investment Trust Limited bought 200 shares of the business’s stock in a transaction on Wednesday, September 25th. The stock was acquired at an average price of C$159.58 per share, for a total transaction of C$31,915.00. Following the purchase, the insider now directly owns 200 shares in the company, valued at C$31,915. This trade represents a ∞ increase in their ownership of the stock. Corporate insiders own 79.70% of the company’s stock.

Economic Investment Trust Company Profile

Economic Investment Trust Limited is a closed-ended equity mutual fund launched and managed by Burgundy Asset Management Ltd. The fund invests in public equity markets across the globe. It seeks to invest in stocks of companies operating across diversified sectors. The fund benchmarks the performance of its portfolio against the S&P/TSX Composite Index, MSCI World Index, and S&P 500 Index.