Canoe EIT Income Fund (OTCMKTS:ENDTF - Get Free Report) hit a new 52-week high during mid-day trading on Friday . The stock traded as high as C$11.89 and last traded at C$11.30, with a volume of 405 shares changing hands. The stock had previously closed at C$11.32.
Canoe EIT Income Fund Price Performance
The company has a current ratio of 0.96, a quick ratio of 0.96 and a debt-to-equity ratio of 29.91. The firm's 50-day moving average price is C$10.81 and its 200-day moving average price is C$10.74. The stock has a market capitalization of C$1.35 billion and a PE ratio of 3.21.
Canoe EIT Income Fund Increases Dividend
The business also recently disclosed a dividend, which will be paid on Friday, June 13th. Stockholders of record on Monday, May 26th will be paid a $0.0724 dividend. This represents a dividend yield of 7.84%. This is a positive change from Canoe EIT Income Fund's previous dividend of $0.07. The ex-dividend date of this dividend is Friday, May 23rd. Canoe EIT Income Fund's dividend payout ratio (DPR) is presently 17.05%.
Canoe EIT Income Fund Company Profile
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Canoe EIT Income Fund is a closed-ended balanced fund launched and managed by Canoe Financial LP. It is co-managed by Haber Trilix Advisors, LP. The fund invests in the public equity and fixed income markets of Canada and the United States. Its equity portion seeks to invest in the stocks of companies operating across diversified sectors.
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