Canoe EIT Income Fund (OTCMKTS:ENDTF - Get Free Report)'s stock price hit a new 52-week high during mid-day trading on Friday . The company traded as high as C$11.89 and last traded at C$11.30, with a volume of 405 shares trading hands. The stock had previously closed at C$11.32.
Canoe EIT Income Fund Price Performance
The business has a 50 day moving average price of C$10.84 and a 200-day moving average price of C$10.74. The company has a debt-to-equity ratio of 29.91, a quick ratio of 0.96 and a current ratio of 0.96. The company has a market capitalization of C$1.36 billion and a price-to-earnings ratio of 3.22.
Canoe EIT Income Fund Increases Dividend
The firm also recently announced a dividend, which will be paid on Friday, June 13th. Stockholders of record on Monday, May 26th will be issued a $0.0724 dividend. The ex-dividend date is Friday, May 23rd. This is a positive change from Canoe EIT Income Fund's previous dividend of $0.07. This represents a dividend yield of 7.84%. Canoe EIT Income Fund's dividend payout ratio is currently 17.05%.
About Canoe EIT Income Fund
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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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